Chevron Appeals $744M Louisiana Verdict Over Coastal Damage

Chevron is appealing a $744.6 million state verdict against it over coastal damage in Louisiana, arguing that the case should be moved to federal court.

The lawsuit accuses Chevron's predecessor of dumping billions of gallons of wastewater into Louisiana marshes during decades of oil production.

Chevron attorney Paul Clement argued that a recent U.S. Supreme Court ruling makes it 'obvious' that the case belongs in federal court because some of the oil production and refining at issue was tied to federal contracts during World War II.

The state of Louisiana disagrees, saying that the Supreme Court decision only satisfied one requirement and that a federal trial judge must still decide whether Chevron waived its right to move the case.