Chevron (CVX) fails to persuade a NY federal judge to find an $18B billion judgment by an...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron (CVX) fails to persuade a NY federal judge to find an $18B billion judgment by an Ecuador court unenforceable, leaving an injunction against the award in place pending further litigation. As part of his ruling, the judge found an expert report recommending billions in damages against CVX was potentially fraudulent.