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Ruling in Chevron Case Has Impact Abroad – Lexpert

Date: May 5, 2017

The Ontario Superior Court of Justice has put a dent in the viability of corporate social responsibility principles — especially of resource companies operating abroad — with its recent refusal to enforce an Ecuadorean judgment worth $9.51 billion against Chevron Corp. by ordering the seizure of assets belonging to its seventh-level indirect subsidiary Chevron Canada Ltd., which has no connection to the Ecuadorean proceedings. Read More>>