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Fraudulent Ecuadorian Judgment is Unenforceable Against Chevron’s Canadian Subsidiary
Author: Chevron, Published on: 4 April 2019
The Supreme Court of Canada has rejected a request to review a decision of the Court of Appeal for Ontario that a $9.5 billion Ecuadorian judgment against Chevron Corporation cannot be enforced against Chevron Canada Limited, an indirect subsidiary. The Court of Appeal for Ontario’s decision, which is now final, dismissed all claims against Chevron Canada Limited, holding that it is a separate entity from Chevron Corporation and that its shares and assets cannot be seized by those seeking to enforce the corrupt Ecuadorian judgment. The Ecuadorian judgment itself has already been found by U.S. courts and an international tribunal in The Hague to have been obtained through fraud, bribery and corruption.
"We are pleased that the highest court in Canada has put an end to the plaintiffs’ lawyers’ attempts to enforce their corrupt Ecuadorian judgment against Chevron’s indirect subsidiary in Canada,” said R. Hewitt Pate, vice president and general counsel, Chevron Corporation...