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Chevron open to settling lawsuit

August 16, 2008|From Times Wire Services

Chevron Corp. said it was open to an amicable solution to a multibillion-dollar lawsuit in Ecuador.

An out-of-court settlement would hinge on state-owned PetroEcuador fulfilling obligations in oil-field cleanups, the company said.

The plaintiffs' lawyers say that about 30,000 people have suffered from health problems triggered by pollution caused by Texaco, which Chevron took over in 2001.

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