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Chevron v. Ecuador: Will the Plaintiffs Get Paid?

[The] Amazonian plaintiffs aren't likely to collect anything inside Ecuador, where Chevron has no operations…[T]hey'll have to pursue Chevron's assets in courts in other countries, which also could take years… [M]any are starting to ask an obvious question: Isn't it time for both sides to think again about settling this thing out of court?...[S]houldn't Chevron realize that the Ecuador effluence is an albatross it would do better to get rid of — if not for $9 billion, then somewhere closer to $5 billion?…Karen Hinton, a… spokeswoman for the plaintiffs: "We have always been open to a just and fair settlement that provides complete remediation for the contamination.” Chevron says a demand of "complete remediation" isn't rhetoric conducive to settlement... [also refers to Texaco (part of Chevron), Petroecuador]

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