fbpx
News
February 17, 2015

Largest Funder of Ecuadorian Suits Against Chevron Calls It Quits

James Russell DeLeon, the “largest funder of the $9.5 billion Ecuadorian suits against Chevron”, has backed out of the case — pledging “to give no more money and to turn over his entire stake in the judgement to Chevron.”

In doing so, he settled a suit against him by Chevron — and alleged “that he was knowingly funding a fraudulent suit.”

DeLeon is a Harvard Law School classmate and longtime friend of Steven Donziger, the plaintiffs’ attorney who has been the lead plaintiffs’ attorney against Chevron. DeLeon had invested a reported $23 million in the litigation, as well as the majority of the funding behind the documentary, Crude, which was critical of Chevron.

Read the full story here.

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Review Settings