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4 Jan 2012

Gonzalo Solano, Associated Press

Ecuador plaintiffs say they'll seek payment of Chevron ruling in international courts

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Ecuadoreans who won a court judgment against…Chevron Corp. said…that they'll seek to collect billions of dollars through courts in other countries, including by confiscating the company's assets and freezing its international accounts. An Ecuadorean court…ratified a 2011 judgment penalizing Chevron for pollution that contaminated the Amazon rain forest more than two decades ago. The company denounced the ruling in a statement as "unenforceable in any court that observes the rule of law." Chevron has also said it will seek legal recourse in courts outside of Ecuador. Plaintiffs' attorney Pablo Fajardo said at a news conference…that his clients wouldn't "pardon a single cent from Chevron in this battle."…The plaintiffs' lawyers wouldn't identify specific locations worldwide where they could pursue Chevron's assets.