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| -Lurid Crime Tales- |
| U.S. Supreme Court Backs Chevron in Treaty Dispute with Ecuador |
| 2016-06-08 |
| HT Fausta Wertz. Slimy Atty Shakedown loses again. The United States Supreme Court declined to hear an appeal lodged by the government of Ecuador that contested a $96 million arbitration settlement awarded to the American oil company Chevron. Texaco, the company Chevron bought out in 2001, originally filed the suit against the Central American country for breaking from the terms of oilfield development contracts and international agreements. In effect, the highest court in the U.S. upheld a ruling by the U.S. Court of Appeals for the District of Columbia Circuit, which favored Chevron in an arbitration deal issued by The Hague's Permanent Council of Arbitration in the Netherlands. |
| Posted by:Frank G |
| #3 When the share price of Chevron got to 100 a few weeks ago or so, I sold most of my holdings in the company. I'm not an employee or officer or board member or consultant to the company. |
| Posted by: lord garth 2016-06-08 19:11 |
| #2 Lord Garth, are you also a Chevroid? |
| Posted by: Glenmore 2016-06-08 07:53 |
| #1 Chevron is currently suing Steve Donziger and some of his associates for engaging in a extortionate scheme. Discovery has been interesting. Chevron's version of the situation is here. |
| Posted by: lord garth 2016-06-08 07:15 |