The San Francisco eDiscovery vendor H5 announced Thursday it will relinquish its 1.25 percent interest in a $9.5 billion judgment against Chevron in Ecuador related to a decades-old oil pollution dispute in the Amazon.
In the long-running case, the U.S. plaintiff’s lawyer Stephen Donziger won a $19 billion judgment against Chevron in 2011 that was later halved to $9.5 billion. According to Chevron, H5 became involved in the case in 2009, and helped Donziger respond to discovery, enlist the U.K.-based litigation funder Burford Capital as well as a Gibralter businessman who invested in the case, bring Patton Boggs into the case and provided other support.
In 2011, ...