- A Canadian court rules that Ecuadoreans trying to collect on a $9.5B environmental verdict against Chevron (CVX) can attempt to seize the company's assets in the country, reversing a May ruling that said CVX didn't have any assets in Canada.
- The plaintiffs, residents of Ecuador's jungles, are seeking to enforce a 2011 judgment against CVX by confiscating its properties in other countries where it operates, and the court says they should have an opportunity to attempt to enforce the judgment in a court where CVX must respond to the merits.
- Chevron may appeal to the Supreme Court of Canada.
Canadian court says Ecuadoreans can pursue Chevron assets
Dec 17 2013, 17:05 ET