As reported by Larry Neumeister http://www.huffingtonpost.com/2011/03/08/federal-judge-bans-collection-chevron-ecuador_n_832714.html?ir=Green
looks like a NY judge has temporarily stopped Ecuador from seizing assets etc. from Chevron.
For those that don't know what happened last month there was an 18 billion dollar settlement in favor of the thousands of Ecuadorians affected by the contamination.
Chevron still claims that the 40 million allocated for the contamination should have avoided the third party claim.
I would have to say that if you buy a company and are profiting from this merge than you also should undoubtedly inherit problems from the decades of problems. OR maybe you should have had some type of protection before proceeding with the merge. I dont know I just like the fact that finally someone is on the other side of the spectrum is puckering quickly.
