Ecuador Oil Co. Wants Payout From Feds' Bribery Case
Law360 (December 16, 2019, 10:37 PM EST) -- Ecuador's national oil company told a Florida federal judge Monday that it’s entitled to recover millions of dollars from a former Miami financial adviser who recently reached a plea deal with U.S. prosecutors in a case alleging he helped bribe officials at the company.
Empresa Pública de Hidrocarburos del Ecuador, commonly known as Petroecuador, asked the court to recognize it as a victim of defendant Frank Chatburn Ripalda’s conduct so that it can seek restitution. The company made its request ahead of Wednesday's scheduled sentencing of Chatburn in Miami.
The 42-year-old pled guilty in October to a single count of conspiracy...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!