12th January 2012
Reversal of Fortune
“When the verdict was issued in Lago Agrio, Chevron declared the judgment to be “illegitimate and unenforceable,” and said that the company, which has no assets in Ecuador, would not pay. Instead, it countered with an audacious move—suing Steven Donziger, the architect of the suit against it. At the very moment that Donziger might have been celebrating a landmark victory in Ecuador, he found himself facing charges of extortion and fraud in New York.
