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Chevron Corportion

US court rules for Chevron in Ecuador rainforest damage case

Ecuadorean plaintiffs cannot collect a $9 billion judgment in the U.S. against energy company Chevron for rainforest damage, a federal appeals court ruled Monday, upholding a judge's finding that the judgment was obtained through bribery, coercion and fraud.

The 2nd U.S. Circuit Court of Appeals in New York said U.S. District Judge Lewis A. Kaplan had the authority after a trial to rule in March 2014 as he did. It noted, however, that Kaplan's decision doesn't invalidate the Ecuadorean judgment and doesn't stop the enforcement of the judgment outside the U.S.

A U.S. spokeswoman for the Ecuadoreans, Karen Hinton, said they were shocked and called it a "sad day for the...

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