Search for: "Chevron Corporation"
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3 May 5:00 am
... can see some of the effects of these rules when looking at the director compensation table from the Chevron Corporation (CVX-NYSE) 2009 proxy statement. According to the proxy statement, the company ... 116,000 130,372 - 10,988 257,360 Director Compensation.
Chevron's board met eight times in 2008. All directors attended at least ... stock awards comprised approximately 46% of director compensation.
Director Tenure. Half of Chevron's fourteen directors have served on the board since at least 2001. Samuel ...
8 Dec, 2008 12:00 pm
It took jurors only a couple of days to decide that Chevron Corporation was not liable for the deaths
of two protesters and injuries as well as mistreatment of others in the second jury trial involving a U.S. corporation brought ... therefore
dangerous - while encouraging the jury to identify with the (white, male) oil workers. So what does this mean for future corporate ATS cases? Despite the disappointing outcome,
there are couple of bright spots: ► The case turned on specific facts and issues of ...
10 Aug, 2005 7:57 am
[JURIST] In a joint statement issued Wednesday, Unocal [corporate website; JURIST news archive] and Chevron [corporate website]
announced early results from a vote of a majority of Unocal shareholders that favored acceptance of a Chevron offer of $69 per share. The
approval of the nearly $18 billion purchase comes after months of negotiations and contentious competition [JURIST report] from China
28 Nov, 2007 8:10 am
The Securities and Exchange Commission has charged Chevron Corporation for its role in illegal
kickback payments that were made to Iraq in 2001 and 2002 in connection with the company's purchases of crude oil under the U.N. Oil for Food Program. Chevron, based in San Ramon, Calif., agreed to pay $30 million to settle the charges [...]
2 Dec, 2008 5:13 am
In a stinging rebuke to a small army of progressive American academics, journalists, foundation grantmakers, and others who've promoted the case for years, a San Francisco jury has
cleared the Chevron Corporation of all liability in the civil suit filed...
14 Nov, 2007 7:58 am
[JURIST] The US Securities and Exchange Commission (SEC) [official website] on Wednesday agreed to a $30 million settlement of Foreign Corrupt Practices Act [materials; DOJ
backgrounder] charges against Chevron [corporate website] in connection with the oil company's alleged involvement in a scheme to
exchange illegal payments to Iraqi officials under the now-defunct UN Oil-for-Food program [
27 Jun, 2008 12:19 am
... , Inc., started his keynote remarks at Los Angeles' LegalTech program by describing his employer, Chevron, as one of the Corporate
5! I'm familiar with Corporate 100, AmLaw 100, etc. When he spoke about the top 5 companies in the world, he ... systems? Gripe #3: Vendors are not realistic about the conversion
and implementation costs, as well as the learning curve. And, in Chevron, technology training has to get in line with compliance, governance,
HR, etc. training .... The world doesn't stop for ...
20 Oct, 2007 12:26 pm
... have suffered injuries due to pollution stemming from Texaco's drilling operations in the Ecuadorian rainforest from 1971 to 1992. (Chevron
acquired Texaco in 2001.) The sanction followed the August dismissals of the claims of three plaintiffs. In the complaint, filed ... t you blog about the plight of the people who had
their lives destroyed by Chevron, and the lawyers at Jones Day who are getting rich defending corporate criminals." (I'm not sure which
mainstream media accounts - presumably taking ...
25 Nov, 2008 6:44 pm
... S. District Court Judge Susan Illston, in an earlier ruling in the case, said the plaintiffs had presented sufficient evidence that Chevron
personnel "were directly involved" in the attack on protesters by transporting the Nigerian soldiers despite knowing that they were " ... in the outcome. (Download Chevron order.) As The Am Law Daily reported when the trial began, the suit--based on the Alien Tort Claims Act--has potentially wide-reaching implications
for corporations involved in the extractive ...
26 Nov, 2008 11:55 am
... others were injured. Heres a report from the Am Law Daily, which says the Chevron case has potentially wide-reaching implications for
other corporations involved in the extractive industries in politically explosive regions. Robert Mittelstaedt, a Jones Day partner ... knowing that they were "prone to use
excessive force." That evidence, according to the judge, could lead a jury to conclude that Chevron agreed to the military's plan and was
complicit in the outcome. Heres a copy of that ruling.
16 Mar, 2006 9:49 am
... the survivors of a massacre by Nigerian soldiers and police filed suit against the Chevron Corp. in the United States District Court in San
Francisco. The suit alleges that the corporation's subsidiary paid, housed, and otherwise supported the Nigerian soldiers and police operating
in the area and that Chevron security personnel directly participated in the massacre. (See plaintiffs' Complaint here). Lead attorney, Stephen
M. Garcia states: What ...
4 Nov, 2008 7:38 pm
Opening arguments began last week in federal court in San Francisco in the landmark human rights case of Bowoto v. Chevron. In its seventh year
of litigation, the case raises important issues regarding liability of multinational corporations in U.S. courts. Survivor Larry Bowoto and eighteen other plaintiffs are accusing
Chevron of collaboration with Nigerian military in brutal suppression of a protest by unarmed villagers on a Chevron ...
29 Jun 11:36 am
... and cancers (which of course they did), yet still allowed employees to work around the chemicals. The suit also claims that Chevron failed
to warn workers of the dangers associated with benzene exposure, and failed to take precautions to avoid exposing Miller to the chemical. ... With the assistance of benzene lawyers,
many workers who have been wrongfully exposed to benzene have persevered over even the largest corporations. Most benzene lawyers will take no payment unless your case is
successful.
20 Jul, 2005 12:48 pm
[JURIST] Under pressure from the US government, Unocal [corporate website] late Tuesday accepted an increased $17.1 billion buyout bid [press release] from Chevron, turning down an $18.5 billion offer from the China National Offshore Oil Company Ltd. (CNOOC) [official website]. Unocal had made an earlier merger
deal with Chevron when the CNOOC offer was made. US legislators had objected [JURIST
7 Apr, 2008 5:13 pm
... begs the question: what recourse do corporations like Exxon-Mobil (Exxon) have if their investments are nationalized? The dispute between Exxon and Venezuela began with six
firms - Exxon, Chevron, Statoil, Conoco Phillips, Total and ... a period called the "Petroleum Opening," when the 1990's-era Venezuelan
government attempted to maximize the benefits of transnational corporate investment in PDVSA while minimizing public responsibility. [2] After the Chavez government took power,
the Venezuelan ...
19 Feb 1:21 am
... -crime knowledge extends about as far as the Arthur Andersen case. But it's not true otherwise. Countless major corporations walk the corporate streets with serious
rap sheets. And we're not just talking fringe companies. Exxon, Pfizer, General Electric, Archer Daniels Midland, Northrop, Royal Caribbean Cruises, Chevron, Georgia Pacific, Alcoa -- hundreds of big names, public companies and privately held, with criminal convictions. There are many lists ...
5 Nov, 2007 2:02 pm
... discrimination cases. On November 6, the Court hears oral argument in the first of these, Federal Express Corporation v. Holowecki.
Holowecki requires the Court to decide what constitutes a "charge" for purposes of satisfying a variety of deadlines under ... general the alleged discriminatory acts. They maintain
that the EEOC's reasonable regulations not only warrant Chevron deference as a reflection of agency expertise, but also appropriately focus on
matters that are entirely within the worker's ...
6 Apr, 2007 9:31 am
... to violence. However, the most important change that needs to take place is with regards to the benefits of the local residents. Companies such as Chevron need to have their benefits spillover to the poor in the developing area where they conduct business. The international world needs to ... [6]: Id.
[7]: Tamara Herman, Blood and Oil: Shooting Deaths of Young Nigerian Activists are Linked to Chevron Corporation, Canadian Business and Current Affairs (March, 1999). [8]: Oil, supra note 3. [9]: The ...
1 Jun 5:38 pm
... in developing countries without their shareholders finding out about it. As legal systems in developing countries mature, the days when multinational corporations
automatically sought to defeat lawsuits in U.S. courts by foreign litigants by invoking the doctrine of forum ... caused to them by U.S. citizens. Wednesday also was the day on which
the annual meeting of shareholders of the Chevron Corporation was held and environmental protesters
were expected. When it took over Texaco eight years ago, ...
7 Aug, 2008 1:45 pm
Via Eyes on Trade, I came across an article in Newsweek about a request by Chevron that the U.S. stop giving certain tariff preferences to
Ecuador: Few legal battles have been more exotic than the lawsuit tried over ... plaintiffs-some suffering from cancer and physical deformities-have showed up in court in native garb,
with painted faces and half naked. Chevron vigorously contests the charges and has denounced the entire proceeding as a "shakedown." ...
Chevron is pushing the Bush administration ...
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