Calgarypuck Forums - The Unofficial Calgary Flames Fan Community
Old 07-12-2019, 10:32 AM   #1
CaptainCrunch
Norm!
 
CaptainCrunch's Avatar
 
Join Date: Jun 2002
Exp:
Default Trial classified as fraud of the century laid to rest

The Lawsuit around ecological damage in Ecuador involving Chevron in the Canadian Court Systems laid to rest


https://business.financialpost.com/o...box=1562945202


Quote:
After clogging up the Canadian court system for seven years, an utterly corrupt multibillion-dollar lawsuit against California-based oil company Chevron on behalf of “poor Ecuadorean villagers” was finally dismissed by the Ontario Superior Court of Justice last Friday.


The suit, dubbed “the fraud of the century” by The Wall Street Journal, related to pollution caused by Texaco — a company that Chevron acquired in 2001 — when Texaco had been operating in Ecuador before 1992. In fact, Texaco had paid for — and the Ecuadorean government had agreed to — remediation payments, but then a buccaneering American lawyer named Steve Donziger got into the act. A classmate of Barack Obama, Donziger engineered a US$9.5-billion judgment against Chevron in Ecuador. He had no trouble recruiting then-Ecuadorean president Rafael Correa to the cause. Correa, a typical leftist caudillo, was already well acquainted with environmental blackmail. In 2010, his government, with the backing of the United Nations, suggested that unless the international community paid Ecuador US$3.6 billion, it would have no alternative but to bulldoze its own rainforest. The international community demurred.

Quote:
Donziger knew that big corporations, faced with complex lawsuits and a media circus, often simply pay up rather than risk brand damage. Chevron, by contrast, and commendably, said it would fight Donziger until hell froze over, then continue fighting on the ice. The company brought a civil suit against Donziger in the U.S. and in March 2014, the District Court for the Southern District of New York found that Donziger had obtained the Ecuadorean judgment via extortion, money laundering, wire fraud, Foreign Corrupt Practices Act violations, witness tampering and obstruction of justice. Donziger appealed but the damning judgment was upheld. Southern District Judge Lewis Kaplan stated that, “The wrongful actions of Donziger and his Ecuadorean legal team would be offensive to the laws of any nation that aspires to the rule of law.” He was perhaps looking north, where the case was meandering through the Canadian system.

Quote:
Donziger, meanwhile, having been disbarred and having persistently refused to comply with U.S. court orders to stop raising money for his assault on Chevron, provide details of his backers, or surrender his passport, may now — at long last — be facing jail time.

https://business.financialpost.com/o...ood-wont-touch


https://en.wikipedia.org/wiki/Lago_Agrio_oil_field


https://www.bloomberg.com/opinion/ar...cuador-lawsuit


https://www.forbes.com/sites/michael.../#41e73adb7bd3


I think its pretty interesting reading.
__________________
There are brave men outside of our gates, lets go kill them
CaptainCrunch is offline   Reply With Quote
The Following User Says Thank You to CaptainCrunch For This Useful Post:
Old 07-12-2019, 11:01 AM   #2
Locke
ness Monster
 
Locke's Avatar
 
Join Date: Mar 2007
Location: Income Tax Central
Exp:
Default

"We'll fight until hell freezes over and then keep fighting on the ice..."

Wow...thats a new one on me but I like it! I'll have to remember that one.
__________________
- "Somebody may beat me, but they're going to have to bleed to do it."
- Steve Prefontaine
This Post Has Been Distilled for the Eradication of Seemingly Incurable Sadness.
Locke is offline   Reply With Quote
The Following 2 Users Say Thank You to Locke For This Useful Post:
Old 07-12-2019, 11:52 AM   #3
Phaneufenstein
Powerplay Quarterback
 
Phaneufenstein's Avatar
 
Join Date: Apr 2009
Location: Jah Chalgary
Exp:
Default

Wow, love Foster's writing style!
So many subtle and not-so-subtle burns.

"Truth and justice be damned. There was anti-corporate, pro-Aboriginal, pro-Banana Republic posturing to be done."
__________________
Quote:
Originally Posted by Champion View Post
The Oilers don't need a Giordano. They have a glut of him.
Phaneufenstein is offline   Reply With Quote
Old 07-12-2019, 11:59 AM   #4
CaptainCrunch
Norm!
 
CaptainCrunch's Avatar
 
Join Date: Jun 2002
Exp:
Default

He was a bit angry, that's why I attached other links that weren't ummm so emotionally invested.
__________________
There are brave men outside of our gates, lets go kill them
CaptainCrunch is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -6. The time now is 01:40 PM.

Calgary Flames
2017-18




Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Copyright Calgarypuck 2016