Ruling Stands In Lago Agrio Case, 2nd Circuit Says; $18.5B Award Fraudulent

(August 9, 2016, 9:38 AM EDT) -- NEW YORK — The Second Circuit U.S. Court of Appeals on Aug. 8 ruled that a district court did not commit error when it ruled that an attorney and the Ecuadorian plaintiffs who sued Chevron Corp. committed fraud and violated the Racketeer Influenced and Corrupt Organizations Act when they won an $18.5 billion judgment against the company for alleged injuries related to Chevron’s involvement with an oil consortium (Chevron Corporation v. Steven R. Donziger, et al., No. 14-826, 2nd Cir.).

(Opinion available. Document #15-160816-001Z.)

Lago Agrio...
To view the full article, register now.