Wednesday, March 5, 2014

Judge Louis Kaplan Did Not Like The Chevron Litigation From Day One and Just Expressed His Reasons In A 500 Page Opinion!!

At least in the  US  for now, enforcement of the  Ecuadorian's judgment  against Chevron is temporarily on hold. Judge Kaplan  opined in no uncertain terms that  the judgment of $19 billion in Ecuador  was facilitated by fraud, bribes and criminal activity. The case will obviously travel the Appellate route now.  Lead  plaintiffs' counsel could be facing some additional legal headaches of his own.
  So while the plaintiffs  still have some jurisdictions  in which they can attempt to enforce their judgment(i.e. Canada), their options are now very, very much limited.
  Chevron  has to be feeling pretty good today about this turn of events.

   The Great Oz  has spoken!!
And of course life goes on for the  Ecuadorians.

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