Caso Chevron

2015: Another Bad Year for the ‘Legal Fraud of the Century’

2015 was another bad year for supporters of the fraudulent lawsuit against Chevron in Ecuador.

The Amazon Post 18/12/2015

Three major supporters of Steven Donziger’s lawsuit, including his principal funder, abandoned his scheme this year and Gibraltar’s Supreme Court ruled against his offshore company there, ordering $28 million in damages to Chevron. Meanwhile, Brazil’s deputy prosecutor general urged the country’s high court not to recognize the fraudulent Ecuadorian judgment. And newly released outtakes from the movie Crude further exposed the full extent of Donziger’s multi-year campaign of collusion, coercion and dishonesty.

Here is a look back at the continued collapse of the corrupt lawsuit in 2015:

Gibraltar Supreme Court Rules Against Donziger’s Offshore Company

In December, the Supreme Court of Gibraltar issued a judgment against a company set up there by Donziger to receive and distribute funds resulting from his fraudulent scheme against Chevron. The court ordered the company, Amazonia Recovery Ltd., to pay Chevron $28 million in damages and issued a permanent injunction preventing it from assisting or supporting the case in any way. Chevron’s general counsel, R. Hewitt Pate, called the decision “yet another example of how the international scheme against Chevron continues to erode.” Read more about the Gibraltar court’s decision here.

Financial Backers Withdraw Support

Russ DeLeon: In February, Chevron reached a settlement agreement with James Russell DeLeon, the principal funder of Donziger’s fraudulent lawsuit. DeLeon invested approximately $23 million in exchange for a roughly 7 percent stake in the $9.5 billion judgment. DeLeon stated that, after reviewing the 2014 RICO opinion against Donziger by a U.S. federal court, “…Steven Donziger misled me about important facts. If I had known these facts, I would not have funded the litigation.” Read more about this settlement in Fortune here.

Woodsford Litigation Funding Ltd: Woodsford, a UK-based litigation funder, began its involvement in the fraudulent lawsuit in March 2013, providing $2.5 million in funding. In May 2015, the company settled with Chevron, agreeing to end all financial support for the litigation and assign all of its interest in the case to Chevron. In a public statement, Woodsford stated that after reading the 2014 RICO opinion against Donziger, the company had “become deeply concerned about the ethical standards of attorney Steven Donziger”. Read more about this settlement in Bloomberg here.

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