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Chevron Brazil Faces Criminal Oil Spill Charges


April 4, 2014
 
Brazilian judges ordered a criminal prosecution of Chevron Corp. and 11 employees over an oil spill in Nov. 2011, in a process reinstated more than a year after being thrown out following a settlement with the government.
 
An appeals panel made the 2-to-1 decision in October, but kept it quiet as judges reviewed Chevron's challenges to their ruling, Brazil's public prosecutor's office, which oppposed the dismissal, said on Wednesday.
 
Chevron confirmed the ruling late on Thursday.
 
The case is likely to revive concern over the speed and security of Brazilian legal rulings.