Ecuador: Court rules that Chevron pay USD 19 000 million, by Monday

Posted on August 5, 2012 • Filed under: Business, Conflicts, Ecuador, Enviromental Issues, Oil

Elcomercio.com reported that a court ruled that Ecuador announced that U.S. oil company Chevron pay, within 24 hours (until tomorrow), about USD 19 000 million, set in a conviction for environmental damage. Juan Pablo Saenz, a lawyer for the plaintiffs, said that this period will be fulfilled on Monday as Saturday and Sunday are not working, and the company should that day “pay or report to make it real.” Read Article

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