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

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.
Comments (5)
  • smurf
    , contributor
    Comments (4486) | Send Message
     
    If the judge found the report potentially fraudulent, why did he rule as he did?
    31 Jul 2012, 09:15 PM Reply Like
  • 4n7sjkl
    , contributor
    Comments (89) | Send Message
     
    Because it has not yet proven, I guess.
    31 Jul 2012, 09:29 PM Reply Like
  • chris293
    , contributor
    Comments (210) | Send Message
     
    How much did the first oil company, Texaco and now
    Chevron add to the health, education, and benefit or modernize the country of Ecuador. They must have done something, after all they now have lawyers there to sue them. If the lawyers aren't from Ecuador, it might just be the money, you think?
    1 Aug 2012, 01:47 AM Reply Like
  • Joni5141
    , contributor
    Comments (2) | Send Message
     
    Looks like more waiting for bottom line.
    1 Aug 2012, 03:46 AM Reply Like
  • hwood007
    , contributor
    Comments (1207) | Send Message
     
    my guess it is a stick up.
    1 Aug 2012, 07:54 PM Reply Like
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