While the court in NYC listens how the plaintiff’s attorney lied and defrauded to obtain the $19billion judgement, Ecuador’s highest court affirmed an environmental verdict against Chevron Corp. but cut the judgment against the oil giant in half to $9.5 billion:
The judgment “is as illegitimate and unenforceable today as it was when it was issued two years ago,” Chevron said. The oil company says that the Ecuadorian plaintiffs and their lawyers used fraudulent means to influence the judgment, including secretly writing an opinion presented by a court-appointed expert and agreeing to pay off a judge.
It’s also worth keeping in mind that
Chevron has never operated in Ecuador. It inherited the lawsuit with its 2001 acquisition of Texaco Inc.
The NY trial continues.