Ecuador: Facing Devastating Setbacks, Chevron Now Seeks Taxpayer Bailout From $18 Billion Ecuador Judgment
Ecuador: Facing Devastating Setbacks, Chevron Now Seeks Taxpayer Bailout From $18 Billion Ecuador Judgment
Oil Giant's Legal Options Continue to Narrow
Facing devastating setbacks in the courts of two countries over its $18 billion Ecuador liability, Chevron is now seeking a taxpayer-funded bailout for the clean-up costs of its environmental catastrophe in the Amazon rainforest, said a lawyer for the Ecuadorians today.
Chevron's annual revenues (roughly $240 billion in...
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