On its face, saying the words “we are sorry” appears to be a fantastic bargain in exchange for a savings of $8.5 billion. But as it turns out, that deal is not so great after all. LIGNET believes that Chevron made the right decision in refusing to apologize for environmental crimes which it says it did not commit. To apologize now, after nearly two decades of litigation, would have amounted to an acceptance of the $9.5 billion primary award, and that humiliating surrender would have significantly weakened Chevron's chances of winning its inevitable appeal in U.S. courts. That appeal before American judges is the end game Chevron is focused on.
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