OGJ Newsletter

02/21/2011
GENERAL INTEREST — Quick TakesChevron reacts to 'adverse judgment' in courtChevron Corp. has taken exception to what it called an "adverse judgment" from the Provincial Court of Justice of Sucumbios in Lago Agrio, Ecuador, in an environmental lawsuit involving Texaco Petroleum Co."The Ecuadorian court's judgment is illegitimate and unenforceable," Chevron said, adding that is the product of "fraud" and "contrary to the legitimate scientific evidence."Chevron said it will appeal this decision in Ecuador. In making its statement, Chevron said it plans to see that "the perpetrators of this fraud are held accountable for their misconduct.&quo...
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