Chevron dealt new blow in Ecuador pollution case

Posted by Washington Post: Juliet Eilperin on October 17th, 2012
Reuters: Ecuadorean plaintiffs on Tuesday said an order issued by a court lets them seize $200m (£124m) worth of assets belonging to Chevron in a new legal blow to the US oil company. The plaintiffs from villages in the oil-rich Amazon won an $18.2bn case against the oil giant over claims that Texaco, bought by Chevron in 2001, contaminated the area from 1964 to 1992. Damages were increased to $19bn in July. Among the assets ordered turned over are $96.3m that Ecuador's government owes Chevron, money held......

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