Article

2013-10-20 -Short Attention Span Theater-

Chevron takes US lawyers to court in Ecuador RICO case

Hat tip to Hot Air

Kerry Kennedy's fat share of the judgement hardest hit
One of the financiers of an environmental lawsuit that led to a $19 billion verdict against Chevron Corp. in Ecuador told a judge that he came to regret funding the case once after learning that it may be a fraud.
Fraud? No way!
Burford Capital LLC Chief Executive Officer Christopher Bogart told a Manhattan federal judge yesterday that his firm, which he described as the world's largest dedicated litigation financing provider, supplied $4 million to the Ecuadorean plaintiffs and later sold the share when it became "deeply concerned about the mounting evidence of fraud and misconduct."
You know you're in trouble when your bagman says you lied
What did he do with the money he gained from selling his share?
He didn't sell his share. He cut out a share of the putative settlement and gave Kennedy and small cut in cash, in exchange for her "services" in hammering Chevron publicly.

Posted by badanov 2013-10-20 00:00|| || Front Page|| [11126 views ] Top

#1 From NY Times:
Mr. Donziger for the first time in recent years spoke publicly about the personal travails that he says have engulfed him. He says shadowy men have trailed him. Watched his family. Sat in cars outside his home. He had his apartment swept for bugs, but found nothing.

Mr. Donziger played basketball with Barack Obama at Harvard Law School, and has a serious following among environmentalists. He and his supporters say he is being vilified potentially ruined for unmasking Chevrons questionable environmental record. Chevron, which is suing him and his associates for damages that could reach billions of dollars, says he is simply a con artist.

Mr. Donziger has chased after Chevron with the single-mindedness of Ahab. Reports of questionable ethical conduct have cast doubt over his motives. He is accused of engineering the ghostwriting of a crucial report submitted to the Ecuadorean court that decided the case, a claim he says is exaggerated and misconstrues local legal customs. Some of his former allies have abandoned him and signed statements taking Chevrons side.

Posted by Glenmore 2013-10-20 00:18|| 2013-10-20 00:18|| Front Page Top

#2 Some of his former allies have abandoned him and signed statements taking Chevron's side.
Posted by Glenmore

What we recognize today as the 'Robert Gibbs' syndrome.

Posted by Besoeker 2013-10-20 01:44|| 2013-10-20 01:44|| Front Page Top

#3 Some of his former allies have abandoned him and signed statements taking Chevron's side.
Some contend they change sides because Chevron makes them "an offer they can't refuse" ('Godfather'-style.) (I don't think they're right, but with corporations this big, and this much money at stake, .....)

Posted by Glenmore 2013-10-20 08:50|| 2013-10-20 08:50|| Front Page Top

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