Canada Supreme Court to hear Chevron in Ecuador lawsuit

|About: Chevron Corporation (CVX)|By:, SA News Editor

The Supreme Court of Canada agrees to hear an appeal by Chevron (CVX -0.3%) of a lower court decision that said Ecuadorean villagers could pursue in Ontario their $9.5B lawsuit for pollution in the Amazon jungle.

Ontario's appeals court ruled in December that the province was a proper jurisdiction for the Ecuadorean plaintiffs to press CVX to pay, and the company wants the Supreme Court to say the Ontario courts have no jurisdiction.

It's the latest twist in the two-decade conflict between CVX and the Ecuadorean villagers after last month's decision by a U.S. judge barring the plaintiffs and their American lawyer from enforcing Ecuador's 2011 court judgment in the U.S.