- Brazilian judges have reinstated a criminal case against Chevron (CVX) over an offshore oil spill in November 2011 despite the company coming to a $150M settlement with prosecutors just over a year ago.
- The case may well revive concerns about doing business in Brazil - the prosecutor's office that agreed to the settlement, which led to original charges being dropped - is the one that has worked to re-open the criminal part of the case.
- Eleven Chevron employees, as well as the company, are the subject of the case; if found guilty, they could face up to 30 years in prison.
From other sites
Video at CNBC.com (Jul 20, 2015)
at CNBC.com (Mar 27, 2015)
Video at CNBC.com (Mar 27, 2015)
at CNBC.com (Feb 2, 2015)
at CNBC.com (Jan 30, 2015)
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