MANHATTAN (CN) - The 2nd Circuit seemed doubtful Friday of the jurisdiction claimed by a New York federal judge who prevented Ecuadorean natives from enforcing an $18.2 billion verdict against Chevron for environmental damage.
Seeded on Sat Sep 17, 2011 5:52 PM EDT
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Chevron has spent the better part of a decade fighting claims that its predecessor, Texaco, dumped billions of gallons of toxic oil waste into Ecuador's water supply. A provincial Lago Agrio court held Chevron liable to the tune of $18.2 billion in February, but Chevron has decried the trial as an extortionate fraud.
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