A U.S. judge has sided with Chevron and temporarily halted enforcement of an $8.6 billion award against the oil giant for dumping billions of gallons of toxic oil waste into Ecuador’s rain forest. An Ecuadorian court ruled against Chevron last month. U.S. District Judge Lewis Kaplan extended temporary restraining order on the ruling until U.S. courts decide a racketeering case filed by Chevron against villagers in Ecuador. Kaplan said in his ruling that Chevron faced “imminent” and “irreparable” harm to its business relationships and reputation.
U.S. Judge Sides with Chevron in Ecuador Case
HeadlineMar 08, 2011