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Lago Agrio: Canadian Appellate Court Requires LAPs To Give Security – Letters Blogatory

Date: Oct 4, 2017

In January I reported on the Lago Agrio plaintiffs’ latest setback in their quest to obtain recognition of their Ecuadoran judgment in Canada. The Ontario Superior Court granted summary judgment to Chevron, holding that its indirect Canadian subsidiaries’ assets were not assets of Chevron (the judgment debtor) that could be reached on execution. The LAPs appealed to the Ontario Court of Appeal. In a decision on September 21, a single justice of the appellate court ordered the LAPs to post almost a million dollars as security in light of Canada’s rule that the loser pays the winner’s attorney’s fees. Read more>>