4 Tips For Evaluating An M&A Target's Legal Risks

Law360, New York (May 10, 2013, 9:12 PM EDT) -- What do Chevron Corp.'s ongoing court battle over a $19 billion pollution judgment and Bank of America Corp.'s lengthy legal woes over mortgage-backed securities have in common? They weren't originally those companies' problems.

Chevron is engaged in a bitter, long-running dispute with a group of indigenous Ecuadoreans who claim Texaco Inc. — which merged with Chevron in 2001 — dumped crude oil in the Amazon rainforest that caused residents to develop cancer and destroyed natural resources. The feud has even ensnared Chevron chairman and CEO John...
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