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Chevron Ecuador Lawsuit News

Forbes – Litigation-Finance Contract Reveals How Investors Back Lawsuits

Daniel Fisher at Forbes explores the funding sources behind the lawsuit against Chevron in Ecuador:

The story behind the financing of the Ecuadorean villagers is a bit more complex. As they were closing in on an $18 billion pollution verdict against Chevron last year, the plaintiffs had a problem. Their lead attorney, Steven Donziger, had spent $6 million or so on the case over almost two decades but he had ruptured his relationship his with longtime financial backer, Philadelphia attorney Joseph Kohn, after a series of missteps including inviting a documentary filmmaker to record damaging conversations on camera. With victory in sight, the lawyers were in danger of running out of cash.

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Members of indigenous communities in the Amazon in Ecuador would like to know: What happened to the more than $20M reportedly raised on their behalf by now-disbarred NY lawyer Steven Donziger? #FollowtheMoney
#Factsmatter: An international arbitration panel found ‘no cogent evidence’ supporting #Ecuador’s claim that #Texaco failed to comply with terms of remediation in #Amazon.
The @WSJ sums this case up nicely, “[Steven Donziger] and his team fabricated evidence, promised $500,000 to an #Ecuadorean judge to rule in their favor, ghostwrote much of the final verdict and took other actions that ‘perverted’ the course of #justice. Mr. Donziger disputes the…
Shameless. Disbarred and convicted of criminal contempt of court for bribing an Ecuadorian judge in an attempted extortion scheme, @SDonziger is nonetheless accepting invitations to speak at #climate rallies. Read more about this adjudicated racketeer:
Sworn testimony: While Texaco met its environmental obligations in the Amazon, #Ecuador’s national oil company did “absolutely nothing” to address its own remediation in the area. #FactsMatter:

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