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Chevron, locals prepare Ecuador pollution appeals
* Both appeals expected on Thursday in Lago Agrio
* U.S. oil giant wants to overturn adverse ruling
* Locals say $8.6 bln award not enough for pollution
By Victor Gomez
LAGO AGRIO, Ecuador, Feb 16 (Reuters) - Lawyers for Chevron Corp and plaintiffs who accuse the U.S. oil giant of pollution return to a provincial court in Ecuador's Amazon this week to appeal one of the world's largest ecological damage rulings.
Lawyers for the 47 named plaintiffs in the lawsuit say they will file papers on Thursday before a three-judge panel at a court in the remote jungle town of Lago Agrio to try and increase the $8.6 billion award.
Chevron's (CVX.N) lawyers will also appeal judge Nicolas Zambrano's order on Monday that the company pay the damages and apologize to local indigenous communities for drilling-related contamination.
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The California-based company says it is innocent and that the case was driven by politics and greedy trial lawyers.
"The objective, of course, is to overturn this illegitimate ruling that is the product of fraud and collusion and divorced from all legitimate scientific evidence presented in the case," Chevron spokesman James Craig said.
The company is ready to appeal to Ecuador's top court, National Court of Justice, if necessary, he added.
Resolution of the more than 17-year-old legal saga could be years away, and few analysts expect the company to pay anything soon. Chevron's stock price was not hit by Monday's ruling, as investors had widely expected the verdict.
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