Amazon Watch the trial court judgment in a 222-page decision that documented the extensive and life-threatening levels of oil pollution at dozens of former Chevron well sites in the jungle. In all, eight appellate judges in Ecuador reviewed the evidence against Chevron and affirmed the judgment as well as dismissing Chevron's allegation of fraud. When Chevron refused to comply with the $9.5 billion judgment against it for contamination in the Lago Agrio oil field, the plaintiffs' lead attorney, Steven R. Donziger, attempted to collect the judgment in Brazil, Argentina, and Canada. Chevron then filed suit in the United States, and relying on
Economic history of Ecuador 50 percent of the central government's revenues. In 1985 Ecuador earned over US$1.8 billion in revenue from petroleum exports, two-thirds of Ecuador's export revenue that year. But a sharp decline in international oil prices in 1986 resulted in a US$1.1-billion drop in petroleum export revenue. The balance-of-payments current account, which registered a surplus of US$149 million in 1985, showed a US$613-million deficit for 1986. Foreign-exchange reserves declined to US$145 million by mid-1986, and real GDP growth for 1986 came to only 1.7 percent, compared with 3.8 percent in 1985. To meet the economic crisis, in January 1987 the government suspended