Canadian court issues ruling in legal battle between Ecuadorian villagers and oil giant Chevron

[Disir]

Both sides found positives in a Canadian court ruling issued Friday in a David and Goliath legal battle between oil giant Chevron and a group of Ecuadorian villagers.

The villagers are using the Canadian courts to try to collect on a US$9.5-billion Ecuadorian court judgment for environmental damage.

Chevron issued a news release Friday saying Ontario’s superior court has ruled the oil company’s Canadian arm isn’t a party to the Ecuadorian court decision.

Chevron said the Ontario judgment concluded that Chevron Canada is a separate entity and says it’s confident any jurisdiction that examines the facts of the case will find the Ecuadorian judgment unenforceable.

A spokeswoman for the villagers issued a counter statement saying the ruling gave the green light for the villagers to continue legal action against Chevron Corp. in a bid to seize billions in assets to enforce the court judgment. The villagers are now seeking roughly $12 billion, factoring in interest.
Canadian court issues ruling in legal battle between Ecuadorian villagers and oil giant Chevron | Toronto Star

Keep these things tied up in court for 24 years and eventually you might get out of paying.

 

[Jimmy_Chitwood]

Both sides found positives in a Canadian court ruling issued Friday in a David and Goliath legal battle between oil giant Chevron and a group of Ecuadorian villagers.

The villagers are using the Canadian courts to try to collect on a US$9.5-billion Ecuadorian court judgment for environmental damage.

Chevron issued a news release Friday saying Ontario’s superior court has ruled the oil company’s Canadian arm isn’t a party to the Ecuadorian court decision.

Chevron said the Ontario judgment concluded that Chevron Canada is a separate entity and says it’s confident any jurisdiction that examines the facts of the case will find the Ecuadorian judgment unenforceable.

A spokeswoman for the villagers issued a counter statement saying the ruling gave the green light for the villagers to continue legal action against Chevron Corp. in a bid to seize billions in assets to enforce the court judgment. The villagers are now seeking roughly $12 billion, factoring in interest.
Canadian court issues ruling in legal battle between Ecuadorian villagers and oil giant Chevron | Toronto Star

Keep these things tied up in court for 24 years and eventually you might get out of paying.

that is what I do with my billion dollar lawsuits.

yourself?

 

[Disir]

Both sides found positives in a Canadian court ruling issued Friday in a David and Goliath legal battle between oil giant Chevron and a group of Ecuadorian villagers.

The villagers are using the Canadian courts to try to collect on a US$9.5-billion Ecuadorian court judgment for environmental damage.

Chevron issued a news release Friday saying Ontario’s superior court has ruled the oil company’s Canadian arm isn’t a party to the Ecuadorian court decision.

Chevron said the Ontario judgment concluded that Chevron Canada is a separate entity and says it’s confident any jurisdiction that examines the facts of the case will find the Ecuadorian judgment unenforceable.

A spokeswoman for the villagers issued a counter statement saying the ruling gave the green light for the villagers to continue legal action against Chevron Corp. in a bid to seize billions in assets to enforce the court judgment. The villagers are now seeking roughly $12 billion, factoring in interest.
Canadian court issues ruling in legal battle between Ecuadorian villagers and oil giant Chevron | Toronto Star

Keep these things tied up in court for 24 years and eventually you might get out of paying.

that is what I do with my billion dollar lawsuits.

yourself?

Yep.