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Court Appointee in Chevron Ecuador Lawsuit Tied to Ecuador State-Owned Oil Company; Mining Engineer Who Called for $27 Billion Award Against Chevron Hides Disqualifying Financial Conflict of Interest
ENP Newswire 2010, Feb 10
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Publisher Description
ENPNewswire-10 February 2010-Court Appointee in Chevron Ecuador Lawsuit Tied to Ecuador State-Owned Oil Company; Mining Engineer Who Called for $27 Billion Award against Chevron Hides Disqualifying Financial Conflict of Interest(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 09022010 - SAN RAMON, Calif., - In a court filing today in Lago Agrio, Ecuador, Chevron Corp. (NYSE:CVX) provided newly discovered information showing that the author of a report recommending that Chevron be ordered to pay $27 billion in damages is the majority owner of an oilfield remediation company that stands to gain financially from a judgment against Chevron. Due to the remediation company's relationship with Ecuador's state-owned oil company, Petroecuador, Chevron called upon the court to immediately reject the work of Richard Cabrera on the grounds that he knowingly hid his relationship and that he stands to gain from what was supposed to be unbiased work for the court.