Canadian judge skeptical about enforcing $19B Ecuador suit against Chevron

Posted on November 30, 2012 • Filed under: Business, Ecuador, Oil

Financialpost.com reported “You should all be in New York,” Ontario Superior Court Justice David Brown said several times during the first day of hearings today in Toronto. “On the issue of jurisdiction, the law is not clear on this at all. Why should the Ontario court stick their nose” into the matter.

A group of 47 Ecuadoreans have asked the Ontario court to seize Chevron assets in Canada, ranging from an oil sands project to offshore wells, to satisfy a 2011 court ruling in the Latin American nation that ordered the company to pay for oil pollution dating to the 1960s. Read Article

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