2nd Circ. Won't Take Chevron Off Ecuador's $18B Hook

Law360, New York (January 26, 2012, 2:35 PM EST) -- The Second Circuit ruled Thursday that Chevron Corp. cannot use New York's courts to block an $18 billion judgment handed down in Ecuador over the energy company's pollution.

A three-judge panel from the appeals court ruled that New York law cannot be used preemptively to block the enforcement, worldwide, of judgments from allegedly corrupt courts.

Inhabitants of Ecuador's Oriente region claim Chevron predecessor Texaco polluted the rainforest in which they live. They won their case in Ecuador, but Chevron had asked a U.S. court to rule...
To view the full article, register now.