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Chevron Ecuador Lawsuit News

Hot Air – Are you funding Ecuador’s corrupt litigation against Chevron?

Hot Air reports on the Fortune story that traces the role of litigation finance in the Chevron Ecuador lawsuit. The author of this piece excerpts portions of the detailed story and provides additional commentary and analysis:

Be sure to read the long and complicated story in its entirety, and consider this point as you do.  Should we allow investors to incentivize nuisance claims and shakedown class-action suits and further damage our economic strength just to transfer money from corporations to other investors using the poor as a strawman?  Or should we give the Puritans some long overdue credit and start cracking down on “champerty” again?

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#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:
DENIED: @SCOTUS rejects hearing case of Steven Donziger, who bribed Ecuadorian judge in failed effort to bilk Chevron for billions of dollars.

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