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27 Feb 2012, 8:21 am by William A. Ruskin
In February 2011, an Ecuadorian court entered an $18,000,000,000 judgment against Chevron (which had earlier acquired Texaco). [read post]
25 Feb 2012, 9:15 am by Max Kennerly, Esq.
Yet, they’ve made the most news recently by inverting this relationship and representing indigenous farmers in Ecuador who have been in an 18-year legal odyssey to recover from Texaco, now Chevron, for environmental damage caused by oil extraction in the Lago Agrio region of the Amazonian rainforest. [read post]
23 Feb 2012, 3:00 am by Ted Folkman
The Ecuadorans sued Chevron (Texaco, actually) in New York, and only after many years of litigation did Chevron get the case dismissed in favor of litigation in Ecuador, touting the high quality of the Ecuadoran justice system. [read post]
20 Feb 2012, 10:40 am by Gritsforbreakfast
Free for two years, Richard Miles has nevertheless waited and waited for today -- the official acknowledgement that he did not commit the  murder and attempted murder at a Texaco near Bachman Lake in 1994 for which he was sent to prison. [read post]
1 Feb 2012, 1:07 pm
"The Tort Heard Round the World: A decade ago, Texaco told Ecuadorean plaintiffs in a U.S. court to file their pollution claim at home; They did, and now the company's successor -- Chevron -- is fighting an $18 billion foreign judgment. [read post]
26 Jan 2012, 12:02 pm by Ted Folkman
Background Inhabitants of Lago Agrio came to the United States years ago to seek to hold Chevron liable for massive environmental contamination that its predecessor in interest, Texaco, allegedly had caused. [read post]
9 Jan 2012, 12:58 am by Kevin LaCroix
Back in February 2007, when investors in New Century Financial Corporation filed a securities class action lawsuit against the company and certain of its directors and officers, there was little reason to suspect at the time that problems at the company represented the leading edge of a looming financial crisis or that the case itself was the first lawsuit in what ultimately grew to become a mountain of subprime and credit crisis-related litigation. [read post]
5 Jan 2012, 2:54 pm by Kevin Jon Heller
He also argued that the Ecuadorian case is unique because, when the Second Circuit dismissed Chevron’s predecessor Texaco from an earlier filing under forum non conveniens, the company expressly reserved its defenses under New York’s Recognition Act. [read post]
4 Jan 2012, 4:31 pm by Paul Karlsgodt
Professor Manual Gomez, Florida International University College of Law, presented the case study, which focused on the Lago Agrio (“sour lake”) litigation in Ecuador against oil company Texaco. [read post]
4 Jan 2012, 2:48 pm by Kevin Jon Heller
Notice the bolded text — it was Texaco/Chevron that wanted the case heard in Ecuador, not the plaintiffs. [read post]
18 Nov 2011, 6:29 am
  The Court agreed: With the exercise of very little effort, between March 2006 and May 2006, the plaintiffs could quickly have determined that McColl-Frontenac and Texaco (now Imperial Oil) had leased the Bolton Oak property in the 1950s and 1960s. [read post]
9 Nov 2011, 2:40 pm by PaulKostro
Texaco, Inc. 659 F.2d 551, 553 (5th Cir. 1981) (finding trial court “possesses the inherent procedural power to reconsider, rescind, or modify an interlocutory order for cause seen by it to be sufficient”); Ford, supra, 188 N.J. [read post]
12 Oct 2011, 1:11 pm by Walter Olson
Tags: banana pesticide litigation fraud, Chevron, litigation lobby Related posts Wall Street Journal on banana-suit scandal (1) Update: Texaco $33.8 M punitive damages award tossed (0) Tort Deform (0) The right to be injured, redux? [read post]