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Chevron Ecuador Lawsuit News

Smartrend – Morgan Stanley Said Recent US Federal Court Opinions Will Bolster Chevron’s Defenses In US Enforcement Matters

Morgan Stanley says that recent events in the Chevron Ecuador case improve the Company’s outlook:

Morgan Stanley analysts said that recent US Federal Court opinions related to the pending $27.5 billion environmental lawsuit in Ecuador support further delay of any U.S. enforcement action as well as bolsters Chevron Corp.’s (NYSE:CVX) defenses in any U.S. enforcement matter and improve CVX’s position in the pending international arbitration case.

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