Tuesday, December 19, 2017

2017: Chevron Had A Bad Year In $12 Billion Ecuador Litigation

For Chevron and its CEO John Watson, 2017 was a very bad year for the company's campaign to evade paying a $9.5 billion environmental liability (now $12b with interest) in Ecuador. Watson in 2017 not only suffered a major legal setback in the Ecuador case in Canada, he also was severely criticized by major investors who lashed out over his "material...