Chevron Canada Shielded From $9B Ecuador Pollution Award

Law360, New York (January 23, 2017, 5:37 PM EST) -- A group of Ecuadoreans can’t go after the assets of a Canadian Chevron subsidiary to enforce a now-discredited $9.5 billion pollution judgment against the oil giant, a Canadian court ruled Friday, saying there was no reason to depart from the principle that a parent corporation and its subsidiary are two separate legal entities.

The Ontario Superior Court of Justice stuck down a bid by 47 plaintiffs, who represent about 30,000 Ecuadoreans, to collected the winnings they were awarded by Ecuadorean courts in a suit against Chevron....
To view the full article, register now.