March 8, 2014

Green greed defeated

Ace  District Judge Rules That Chevron Was, In Fact, the Victim of a $16 Billion Fraud Scheme Directed By US Attorneys

WSJ  Legal Fraud of the Century Steven Donziger's tort raid on Chevron was 'dishonest and corrupt.'

From the opinion in Chevron v. Donziger , Judge Lewis Kaplan writes

This case is extraordinary. The facts are many and sometimes complex. They include things that normally come only out of Hollywood – coded emails among Donziger and his colleagues describing their private interactions with and machinations directed at judges and a court appointed expert, their payments to a supposedly neutral expert out of a secret account, a lawyer who invited a film crew to innumerable private strategy meetings and even to ex parte meetings with judges, an Ecuadorian judge who claims to have written the multibillion dollar decision but who was so inexperienced and uncomfortable with civil cases that he had someone else (a former judge who had been removed from the bench) draft some civil decisions for him, an 18-year old typist who supposedly did Internet research in American, English, and French law for the same judge, who knew only Spanish, and much more. The evidence is voluminous.

James Delingpole explains  Green Greed  in Chevron vs Big Green

Donziger stood personally to make $600 million from the litigation should it prove successful.

Other companies lured to the trough included an investment company called Burford Capital (which planned originally to invest $15 million to help fund the case in return for a 5.545 per cent share of the $9.5 billion proceeds - but pulled out, having only "invested" $4 million, after it smelt a rat); and also the large, left-wing Washington lobbying and law firm Patton Boggs which stood to make hefty contingency fees from the affair - and whose future now may be in jeopardy.

And concludes:

Few corporate entities pump quite so much money into environmental causes as the Big Oil companies - Shell sponsored the Guardian's environment pages; BP invested heavily in renewables as part of its Beyond Petroleum rebranding under the card-carrying greenie CEO Lord Browne - because for years they have been running scared of the green movement, because they're big enough to wear the additional costs of green regulation and because it suits them to "greenwash" their image…..

This is why we should all be applauding the decision by Chevron's CEO John S Watson ... to fight this case. It represents a victory not just for the Chevron shareholder, but for all those who believe in the capitalist system and are sick and tired the way so rarely it seems prepared to grow a pair and stand up for itself.

For too long it has been held hostage by a minority of hard left, deep green activists whose anti-capitalist agenda has been given a veneer of respectability by the intervention of high end law firms, glossy environmental consultancies, Hollywood campaigners, "caring" grassroots pressure groups, expert scientific witnesses, "independent" moviemakers and sympathetic mainstream media coverage.

It happens all the time, all around the world, and usually they get away with it. This time they didn't. The good guys fought back - and won.
Posted by Jill Fallon at March 8, 2014 2:00 PM | Permalink