Peter Foster: The limits of Ecuador’s shakedown statism – Financial Post

Perhaps the most spectacular example is the aforementioned case of Chevron, which has washed up on the legal shores of Canada. The case dates back to the operations of Texaco, which Chevron acquired in 2002, more than twenty years ago. Texaco in fact paid government-agreed remediation for its activities, and the area in question has since been comprehensively developed/ravaged by State oil company PetroEcuador. The Amazonian natives on whose half the suit is being brought are mere puppets for its main promoters: a corrupt, government-controlled Ecuadorian justice system, and a New York lawyer named Steve Donziger, whose case has been dubbed racketeering by U.S. courts. Read more>>