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Remember how Chevron lost a big case in Ecuador, ordered to pay $18.2 Billion. About that....

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The Straight Story Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 12:58 PM
Original message
Remember how Chevron lost a big case in Ecuador, ordered to pay $18.2 Billion. About that....
Chevron Looks to Its Home Court for a Comeback Win

After getting hit with an $18.2 billion judgment in Ecuador, the oil giant goes after the plaintiffs—and the Ecuadorean court system—in a U.S. court

For a decade, Chevron (CVX) has been embroiled in an epic legal battle in Ecuador over allegations that the country was used as a dumping ground for billions of gallons of toxic drilling waste. In February the plaintiffs, some 30,000 Amazon Indians and peasant farmers, won an $18.2 billion verdict in a provincial Ecuadorean court. Chevron called the case tainted by fraud and vowed to get the verdict nullified.

Six months later the company has made impressive progress toward doing just that. Lawyers for Chevron, the third-largest U.S. corporation in revenues behind Wal-Mart Stores (WMT) and ExxonMobil (XOM), have persuaded a federal judge in New York essentially to put the Ecuadorean court system on trial for corruption. The company is seeking a far-reaching order that would block the plaintiffs from collecting on their judgment in the U.S.—or anywhere else.

The prospect of establishing a U.S. precedent for extinguishing hostile foreign court verdicts has electrified corporate lawyers and their clients. A coterie of business groups in Washington has weighed in with friend-of-the-court briefs supporting Chevron. The U.S. Chamber of Commerce, the Business Roundtable, the National Association of Manufacturers, and the National Foreign Trade Council argue that the oil company was the victim of crooked proceedings in Ecuador. In their own joint brief, Dole Food (DOLE), Royal Dutch Shell (RDS/A) and Dow Chemical (DOW) say they, too, have been hit repeatedly by mass injury suits abroad.


http://www.businessweek.com/magazine/chevron-looks-to-its-home-court-for-a-comeback-win-07142011.html
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robinlynne Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:14 PM
Response to Original message
1. disgusting.
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:16 PM
Response to Original message
2. What's the saying on coming home to roost?
I forgot.

kick nominated.
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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:19 PM
Response to Reply #2
5. The saying refers to chickens not cockroaches.
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:23 PM
Response to Reply #5
7. Well, since America says the World Court is bullshit
they know where to hide.
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in_cog_ni_to Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:16 PM
Response to Original message
3. Corporations are evil. n/t
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rurallib Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:16 PM
Response to Original message
4. And if it works its way to our pathetic SCOTUS
well, 'nuff said
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gratuitous Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:22 PM
Response to Original message
6. A small quibble, Business Week
There aren't just "allegations" that Chevron is a mass polluter, poisoning ecosystems and killing people; those are actual judgments against Chevron for being a mass polluter, poisoning ecosystems and killing people. So, the "allegations" have been, like, proven. It's a fine legal distinction, I guess, but a rather important one for a corporation that's now judge-shopping.
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Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:24 PM
Response to Reply #6
8. exactly...
It's not like Biz week would "intentionally" overlook that fact...:sarcasm:
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:27 PM
Response to Reply #8
9. Actually Biz week
Edited on Wed Jul-20-11 01:28 PM by Ichingcarpenter
Is a good source and coming out with a lot of corporate corruption.

They are really anti corporations and have a lot of good articles.

They choose a good name and are getting a lot of hits on the internet.
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proverbialwisdom Donating Member (366 posts) Send PM | Profile | Ignore Wed Jul-20-11 01:32 PM
Response to Original message
10. Recommended: shocking DVD documentary, CRUDE. Website http://www.crudethemovie.com/
Edited on Wed Jul-20-11 01:39 PM by proverbialwisdom
Horrific environmental devastation and resultant birth defects explicitly filmed. Severe personal consequences for local activists described. Sundance Film Festval 2009 winner. Filmmaker targeted.
Powerful and unforgettable.


http://www.crudethemovie.com/about-2/
About

“A fascinating and important story. CRUDE does an extraordinary job of merging journalism and art.”
—Christiane Amanpour, CNN Chief International Correspondent


Three years in the making, this cinéma-vérité feature from acclaimed filmmaker Joe Berlinger (Brother’s Keeper, Paradise Lost, Metallica: Some Kind of Monster) is the epic story of one of the largest and most controversial environmental lawsuits on the planet. The inside story of the infamous “Amazon Chernobyl” case, Crude is a real-life high stakes legal drama, set against a backdrop of the environmental movement, global politics, celebrity activism, human rights advocacy, the media, multinational corporate power, and rapidly-disappearing indigenous cultures. Presenting a complex situation from multiple viewpoints, the film subverts the conventions of advocacy filmmaking, exploring a complicated situation from all angles while bringing an important story of environmental peril and human suffering into focus.

The landmark case takes place in the Amazon jungle of Ecuador, pitting 30,000 indigenous and colonial rainforest dwellers against the U.S. oil giant Chevron. The plaintiffs claim that Texaco – which merged with Chevron in 2001 – spent three decades systematically contaminating one of the most biodiverse regions on Earth, poisoning the water, air and land. The plaintiffs allege that the pollution has created a “death zone” in an area the size of the Rhode Island, resulting in increased rates of cancer, leukemia, birth defects, and a multiplicity of other health ailments. They further allege that the oil operations in the region contributed to the destruction of indigenous peoples and irrevocably impacted their traditional way of life. Chevron vociferously fights the claims, charging that the case is a complete fabrication, perpetrated by “environmental con men” who are seeking to line their pockets with the company’s billions.

The case takes place not just in a courtroom, but in a series of field inspections at the alleged contamination sites, with the judge and attorneys for both sides trudging through the jungle to litigate. And the battleground has expanded far beyond the legal process. The cameras rolled as the conflict raged in and out of court, and the case drew attention from an array of celebrities, politicians and journalists, and landed on the cover of Vanity Fair. Some of the film’s subjects sparked further controversy as they won a CNN “Hero” award and the Goldman Award, the environmental equivalent of the Nobel Prize.

Shooting in dozens of locations on three continents and in multiple languages, Berlinger and his crew gained extraordinary access to players on all sides of the legal fight and beyond, capturing the drama as it unfolded while the case grew from a little-known legal story to an international cause célèbre. Crude is a ground-level view of one of the most extraordinary legal dramas of our time, one that has the potential of forever changing the way international business is conducted. While the environmental impact of the consumption of fossil fuels has been increasingly documented in recent years, Crude focuses on the human cost of our addiction to oil and the increasingly difficult task of holding a major corporation accountable for its past deeds.





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IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 03:03 PM
Response to Reply #10
13. Possibly the most maddening film I've ever seen
This news doesn't help, and it isn't at all surprising.
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damntexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:43 PM
Response to Original message
11. And when big businesses are blocked from collecting on big judgements in their favor ...
by foreign courts? jus askin
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Jim__ Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 01:57 PM
Response to Original message
12. The Ecuadoran courts are corrupt, they won't let corporations buy verdicts.
Edited on Wed Jul-20-11 01:57 PM by Jim__
I'm sure the American courts, which clearly can be bought by corporate money, will back Chevron - as long as the price is right.
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The Straight Story Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 07:01 PM
Response to Reply #12
14. Pretty much sums it up - how would the RW portray this? Like this:
Edited on Wed Jul-20-11 07:05 PM by The Straight Story
You chose to do business there, suck it up.
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chalky Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 07:04 PM
Response to Original message
15. "Home Court". "Comeback Win". God almighty but it irritates me when
I see serious issues trivialized with the use stupid assed sports analogies.
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