Connect with us

Hi, what are you looking for?

Chevron Ecuador Lawsuit News

Canadian Justices Leave Chevron Canada Out Of $9.5B Fight – Law360

Canada’s Supreme Court has declined to review a decision that a group of Ecuadorians can’t go after a Canadian Chevron subsidiary’s assets to satisfy an embattled $9.5 billion pollution judgment, but the plaintiffs remained undeterred, saying they’ll continue enforcement efforts against the parent company.

Gabel

Canada’s Supreme Court has declined to review a decision that a group of Ecuadorians can’t go after a Canadian Chevron subsidiary’s assets to satisfy an embattled $9.5 billion pollution judgment, but the plaintiffs remained undeterred, saying they’ll continue enforcement efforts against the parent company.

The justices on Thursday left in place an Ontario appeals court ruling that Chevron Canada Ltd. is a separate legal entity from Chevron Corp., meaning its assets shouldn’t be tangled up in a bid to collect on a massive Ecuadorian judgment stemming from decades-old environmental damage.

Though Ecuadorian courts have consistently upheld the award, it has inspired skepticism elsewhere, with a New York federal judge, the Second Circuit and an international tribunal in The Hague all declaring the judgment fraudulent.

Chevron applauded the Canadian high court’s decision Thursday, with general counsel R. Hewitt Pate saying they’re pleased the justices ended efforts to enforce the “corrupt” award against the indirect subsidiary.

To read full article, click here.

Archives

You May Also Like

Chevron Ecuador Blog Posts

1. Steven Donziger Is an Adjudicated Racketeer. The U.S. District...

News & Updates

Disbarred lawyer Steven Donziger likes to present himself to the...

News & Updates

A dishonest campaign is underway to rehabilitate disbarred lawyer Steven...

News & Updates

Steven Donziger is the best example of how a handful...