Court Orders First Handover of Chevron’s Ecuador Assets

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3. They did try:

The court order was signed by Judge Wilfrido Erazo in the Sucumbios Provincial Court. Among the assets the court ordered be handed to the plaintiffs are a $96.3 million debt Ecuador’s government owes Chevron, monies in various bank accounts held in Ecuador by Chevron and its subsidiaries, and licensing fees generated by the use of Chevron trademarks in the country.

Chevron has tried to remove all of its assets from Ecuador to avoid just such a seizure.

The $19 billion judgment, issued in early 2011 after an eight-year trial in the oil industry town of Lago Agrio, found that the U.S. oil company Texaco, since purchased by Chevron, deliberately dumped more than 16 billion gallons of oily toxic waste into the Amazon from 1964 through 1992.