"Steven Donziger has shamed our profession," Gibson Dunn's Randy Mastro said Tuesday in federal court in Manhattan, capping six weeks of trial in Chevron's fraud case against Donziger and his Ecuadorian clients.
"It doesn't mean I haven't committed inconsequential errors along the way," attorney Steven Donziger said on the stand in Chevron's fraud and racketeering case alleging a multibillion-dollar Amazon shakedown.
John Keker of Keker & Van Nest once predicted that Steven Donziger would be "tethered to a stick like a goat" when he finally took the stand to face claims that he orchestrated a multibillion-dollar fraud against Chevron Corporation in Ecuador. On Monday, Chevron began its grilling.
Ecuador's highest court halved the $19 billion jackpot that Amazon plaintiffs obtained in 2011. But the justices backed a lower court's finding that Chevron is liable for rainforest pollution, and they blasted Chevron's attacks on Ecuador's judiciary in New York and elsewhere.
Chevron's lawyers at Gibson Dunn kept attacking the integrity of former Ecuadorian judge Nicolas Zambrano, while the oil company's opponents tried to rehabilitate their star witness.
The Treasury Department's Office of Foreign Assets Control has apparently reached its largest settlement to date this year. German exchange operator Deutsche Boerse reports that it's settling claims that its Clearstream Banking unit violated U.S. sanctions related to Iran.