Tuesday, March 10, 2009

Chevron: Ecuador Court Ordered Inspections To Resume Tuesday

More at CNN Moneyy: “QUITO -(Dow Jones)- After a nearly 10-month pause, judicial inspections will resume Tuesday in a lawsuit in Ecuador against Chevron Corp (CVX), the oil company said Monday.

Chevron said in a press release that presiding justice Juan Nunez of the Superior Court in Nueva Loja has ordered four of eight remaining judicial inspections to be carried out this week.

They are on oil well Auca-17, oil well Auca-19, Auca Central Station and Auca Sur Station.

Four remaining inspections are scheduled to be carried out by March 26.

"Judge Nunez ruled in response to a request by the plaintiffs' lawyers that he move quickly to issue a ruling in this case," Chevron said.”

-- I have to say I think this court's a total joke. It's in Ecuador, and the judge is under the influence of the President in a society not known for fair due process. While Chevron reportedly asked for the venue to be Ecuador, it would have been better here in America. We'll see, but I would be surprised if a fair ruling came out of this judicial system.

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