The Canadian Legal Perspective on Challenging Enforcement of the $18.2 Billion Ecuadorian Judgment against Chevron - Part II: Foreign Judgment Enforcement Standards in Common Law Canada
Article from: TDM 7 (2012), in International Oil & Gas Arbitration
On May 30, 2012 the plaintiffs, Daniel Carlos Luistand Yaiguaje et al., filed an action in the Ontario Superior Court seeking enforcement of the January 3, 2012 $18.2 billion judgment of the Provincial Court of Justice of Sucumbios in Ecuador against Chevron Corp. The statement of claim names Chevron Canada Limited and Chevron Canada Finance Limited, subsidiaries of Chevron Corp., as additional defendants. The claims include a request for a declaration that the shares of the Canadian subsidiaries are eligible to be applied to cover the monetary judgment, and a request for appointment of ...