The Traderszone Network

Published in TZ Latest News 20 April, 2015 by The TZ Newswire Staff

U.S. court hears Chevron’s fraud claims in $9.5 billion Ecuador dispute

“What happened here was a fraud on the Ecuadorian courts,” Theodore Olson, Chevron’s lawyer, said. “The problem is, how do you write an opinion that does not open the door to attacks on judgments from around the world?” Deepak Gupta, Donziger’s lawyer, said.The appeal follows years of litigation by the villagers, who sued Texaco, which Chevron later acquired, over contamination in the jungle around Lago Agrio, Ecuador, between 1964 and 1992.The Ecuadoreans initially sued Chevron in federal court in Manhattan in 1993.