Ecuadorians face off against Chevron in Ontario court over $9.5B US award - News Summed Up

Ecuadorians face off against Chevron in Ontario court over $9.5B US award


The Ecuadorians are trying to collect on a $9.5-billion US award — one of the largest ever to arise out of environmental destruction — they won against Chevron in Ecuador. At issue during this week's proceedings before Ontario Superior Court Justice Glenn Hainey, essentially, are the parameters of a future trial at which the plaintiffs hope to force Chevron Canada — headquartered in Mississauga, Ont. "(But) Chevron did say, 'We're going to fight until hell freezes over, and then we're going to fight it out on the ice." The Canadian end of the legal fight has already been to the Supreme Court of Canada, which ruled last year that the case can proceed in an Ontario court. "Canadian courts, like many others, have adopted a generous and liberal approach to the recognition and enforcement of foreign judgments," the court ruled.


Source: CBC News September 15, 2016 21:33 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */