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Chevron Faces Midnight Deadline in $19 Billion Ecuador Judgment

U.S. oil giant Chevron has until midnight tonight to pay a US$19.04 billion Ecuador court judgment for polluting Amazon waterways or officially default and face another lawsuit to seize its assets, this time in Ecuador. Such collection lawsuits are pending against Chevron in Canada and Brazil. Ecuador Judge Liliana Ortiz on Friday signed an order giving Chevron until midnight tonight to deposit the funds necessary to remediate the oil contamination, which included the dumping of more than 16 billion gallons of toxic waste from oil production into Amazon waterways. [also refers to Havoline (now part of Chevron)]

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