Reuters – Chevron appeals against Ecuador damages award
Date: Mar 10, 2011
Reuters reports on Chevron’s appeal of the Ecuador judgment. This article also says that “few analysts believe the company will pay anything soon:”
Chevron has denied the accusations and had previously said it would appeal the judgment, seen as a test
case the oil industry is tracking for precedents for other large environmental rulings.
The 192-page appeal filed late on Wednesday with the Sucumbios provincial court in the town of Lago Agrio calls for the ruling to be annulled for failures in due process, procedural fraud and other faults, according to a copy seen by Reuters.