Indigenous Groups Win Right to Seize Chevronís Canadian


tay
#1
A court in Canada has ruled Ecuadorean farmers and fishermen can try to seize the assets of oil giant Chevron based on a 2011 decision in an Ecuadorean court found it liable for nearly three decades of soil and water pollution near oil wells, and said it had ruined the health and livelihoods of people living in nearby areas of the Amazon rainforest.


Since then, the victims have been trying to collect some $18 billion in environmental damages.


But Chevron has filed its own lawsuit that argues the verdict was won through fabrication of evidence and bribery.


We speak with Paul Barrett of Bloomberg Businessweek about how oil corporations from Chevron to BP are fighting lawsuits brought against them by attacking the lawyers handling the cases.




more




Indigenous Groups Win Right to Seize Chevron’s Canadian Assets over $18 Billion in Amazon Pollution | Democracy Now!
 
wulfie68
No Party Affiliation
+1
#2
Quote: Originally Posted by tayView Post

A court in Canada has ruled Ecuadorean farmers and fishermen can try to seize the assets of oil giant Chevron based on a 2011 decision in an Ecuadorean court found it liable for nearly three decades of soil and water pollution near oil wells, and said it had ruined the health and livelihoods of people living in nearby areas of the Amazon rainforest.

Since then, the victims have been trying to collect some $18 billion in environmental damages.

But Chevron has filed its own lawsuit that argues the verdict was won through fabrication of evidence and bribery.

I am not a fan of the way some corporations fight to avoid their responsibilities and obligations, especially when their operations harm the surrounding ecosystem and/or populace. That being said, why are the Canadian courts ruling on something that has happened in another country? Its seems to me our legal system is stretching beyond its jurisdiction here, unless there is some treaty arrangement that recognizes the sovereignty of foreign courts in Canada...
 
gerryh
#3
did you read the article? It explains it in there.
 
damngrumpy
No Party Affiliation
#4
This is a good day finally some justice for the peoples of that country.
Large companies have done what they liked in the third world and now
they are going to pay for what they did hopefully.
 
wulfie68
No Party Affiliation
#5
Quote: Originally Posted by gerryhView Post

did you read the article? It explains it in there.

It doesn't really. For some reason the province of Ontario has decided to get involved in something that is not their affair. Chevron has some Canadian assets, but it is a multinational corporation with its HQ in the US. The pollution and plaintiffs are in Ecuador. The counter suits are in US court. Regardless of whether I think Chevron has a moral responsibility to the people of Ecuador, in my layman's opinion, this really should not be in Canadian courts.
 
gerryh
+1
#6
Quote: Originally Posted by wulfie68View Post

It doesn't really. For some reason the province of Ontario has decided to get involved in something that is not their affair. Chevron has some Canadian assets, but it is a multinational corporation with its HQ in the US. The pollution and plaintiffs are in Ecuador. The counter suits are in US court. Regardless of whether I think Chevron has a moral responsibility to the people of Ecuador, in my layman's opinion, this really should not be in Canadian courts.

The original litigants filed in Ontario to try and seize Chevrons Canadian assets. Simple.
 
tay
#7
Quote: Originally Posted by wulfie68View Post

I am not a fan of the way some corporations fight to avoid their responsibilities and obligations, especially when their operations harm the surrounding ecosystem and/or populace. That being said, why are the Canadian courts ruling on something that has happened in another country? Its seems to me our legal system is stretching beyond its jurisdiction here, unless there is some treaty arrangement that recognizes the sovereignty of foreign courts in Canada...




Welcome to the World of 'Free Trade (s)' which is a lot more detailed than just trade.


Corporations will be able to 'file suit to stop a practice they deem incompatible with them to make more profit'.




Some examples of that from a Canadian perspective is they may declare our 'Health Care , Pension or EI plans' an unfair advantage compared to other 3rd world places such as China or the USA and want it dismantled


This is what has informed people concerned about TPP................






The TPP is touted as a sort of Free Trade Act (FTA) which masks the massive profits that corporations stand to gain and the elimination of those currently employed as multi-national business is converted into a weapon of mass destruction .


Outsourcing, which was endorsed by NAFTA over a decade ago, would be enhanced under TPP, where manipulation of governments by mega-corporations could ensure profit margins increase exponentially.


Within TPP is an UN-like tribunal of attorneys that would govern legal disputes, enforce through international judgment complaints regarding governmental regulations and oversee adherence to corporate operations despite independent right of sovereign nations under international mandate. Ron Kirkland, US Trade Representative for the Obama administration believes that public interest and national sovereignty must be cast to the wayside under global governance that is in line with multi-national corporate agendas that serve the global Elite.


Corporate control over natural resources through the use of international tribunals that will rule over environmental issues, land use, public health, and any and all laws or regulations foreign or domestic that apply.


Those tribunals would be seated by private sector lawyers operating under the UN and World Bank (WB) demand for taxpayer compensation of domestic regulatory policies because corporations must be paid back for ďexpected future profitsĒ. In basic terms, with the aid of tribunal ďcourtsĒ corporations can put pressure on governments to weaken their environmental policies at the whim of the multi-national company with the backing of international mandate.


This has happened already in various places around the world: Chevron used investor tribunals to invade Ecuador and commit toxic contamination of indigenous areas Renco Group Inc used investor-tribunals to pollute Peru with residue from smelter factories without having to clean up their mess Pacific Rim Mining Corp, while mining for gold, contaminated natural water sources with cyanide without punitive action against them by coercing governments to rewrite water policies


The TPP rewrites domestic law to fit international accord with corporate interest. Whether it is environmental or social issues, the TPP allows the end result to be in line with the profitability of the endeavor. All globalist schemes are wrapped up nicely in the TPP agreement.


By empowering multi-national corporations, as they have done with the central banking cartels, the global Elite are ensured their one world government comes to fruition. -




See more at: We Will Not Obey: TPP-Free Zones Pushed By Populists - Susanne Posel | Susanne Posel
 
EagleSmack
+1
#8
18 Billion?

Good luck trying to get Chevron to pay that.
 
taxslave
No Party Affiliation
+1
#9
Just remember that your pension plan is heavily invested in those large corporations you hate so much. Ontario Teachers Pension is one of the worst union busting organizations in Canada.
 
EagleSmack
+2
#10  Top Rated Post
I bet the judges pension isn't tied up in that.

So... could Chevron move assets out of Canada if the Canadian Court forces their hand?

Seriously... 18 Billion demanded from a court in Ecuador? As if the "victims" would see any more than a sliver of that money.

Just another attempt at wealth distribution.
 
taxslave
No Party Affiliation
#11
Quote: Originally Posted by EagleSmackView Post

I bet the judges pension isn't tied up in that.

So... could Chevron move assets out of Canada if the Canadian Court forces their hand?

Seriously... 18 Billion demanded from a court in Ecuador? As if the "victims" would see any more than a sliver of that money.

Just another attempt at wealth distribution.

The judge's pension would be from the Canadian government so it is hard to say unless you want to spend the time to see just where all the CPP money is invested. If he has mutual funds they could be invested in Chevron as well.
 
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