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Chevron case is textbook application of Canadian corporate law – Financial Post

Date: Jan 25, 2017

You might expect a legal fight over US$9.5 billion to involve several, complex legal arguments and a lot of bizarre plot twists. But the most recent legal development in the case of Yaiguaje v. Chevron Corp. is, to my mind, notable for its simplicity. In a written decision issued Friday, Judge Glenn Hainey of the Ontario Superior Court granted summary judgment dismissing the case against Chevron’s Canadian subsidiary, Chevron Canada. And he did so based on a bedrock principle of Canadian law called corporate separateness. The Chevron decision underscores how important this principle is — and not just for big corporations, but also small business people and entrepreneurs. Read more>>