In Ecuador Pollution Case, Chevron Follows Plaintiffs' Money to Gibraltar

Cita: 

Barrett, Paul M. [2014], “In Ecuador Pollution Case, Chevron Follows Plaintiffs' Money to Gibraltar”, Business Week, New York, 14 de mayo, http://www.bloomberg.com/bw/articles/2014-05-14/in-ecuador-pollution-cas...

Fuente: 
Business Week
Fecha de publicación: 
Miércoles, Mayo 14, 2014
Idea principal: 

In big-time liability litigation, it's usually the plaintiffs' lawyers who investigate where corporate targets might be hiding potential sources of pecuniary recovery -- off-shore accounts, obscure insurance polices, and so forth. There's nothing typical, though, about the epic Chevron pollution litigation in Ecuador. So in this case, it's Chevron that's poking around in Gibraltar, of all places, trying to figure out how the plaintiffs' lawyers plan to channel any recovery they may receive into an obscure shell company far from the sullied Ecuadorian rain forest. A bit of background: In March, Chevron, courtesy of its outside lawyers at Gibson, Dunn & Crutcher, won an extraordinary civil-racketeering verdict in New York against plaintiffs' attorney Steven Donziger. Given Chevron's apparent determination to bring to heel everyone who ever aided Donziger's campaign, H5's attempt to shrug off the discovery bid as routine seems just a bit too casual.