Panel: Lago Agrio Parties May Not Pierce Chevron's Corporate Veil To Collect $9.5B

TORONTO - The Ontario Court of Appeal on May 24 affirmed a lower court's ruling that refused to pierce the corporate veil of Chevron Corp. to enforce a $9.5 billion environmental damages ruling for Ecuadorian claimants who contend that they were injured by the company during its operation in the Lago Agrio region of Ecuador (Yaiguaje v. Chevron Corporation, No. 2018 ONCA 472, Ontario App.).
Source: LexisNexis® Mealey's™ Emerging Toxic Torts Legal News - Category: Medical Law Source Type: news