Ecuador seeks to seize assets of Chevron in Argentina, Colombia

Posted on November 2, 2012 • Filed under: Business, Conflicts, Ecuador, Oil

The community of the Ecuadorian Amazon, which has won court battles in his country and the United States in a lawsuit against Chevron for environmental damage between 1964 and 1990, now wants to seize the assets of the U.S. oil in Argentina and Colombia. The Union of People Affected by Texaco (company that in 2001 merged with Chevron) has obtained a judgment on appeal in Ecuador for oil disburse EUR 14.803 million to repair pollution called Lago Agrio case and Oct. 9 persuaded the U.S. Supreme Court ratified that judgment liens and enable anywhere in the world. Read Article

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