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In Ecuador, High Stakes in Case Against Chevron
Wearing a straw hat for the recent outdoor hearing, Pablo Fajardoโฆdeliver[ed] the final arguments in a lawsuit that began in New York in 1993 against Texaco but is wrapping up here against Chevron, which bought Texaco in 2001. The stakes are highโฆIf the judge rules against Chevron, the company could face the largest damages award ever handed down in an environmental caseโฆA report by a court-appointed teamโฆconcluded that pollution caused mainly by Texaco's Ecuadoran affiliateโฆhad led to 1,401 cancer deaths... The team's leaderโฆassessed damages at up to $27.3 billionโฆChevron argues that Texaco complied with Ecuadoran lawโฆA cornerstone of its defense is that Ecuador's government relieved Texaco of responsibility after the $40 million, three-year cleanupโฆChevron also blames Texaco's successor and former partner, Petroecuador...