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Case of the Day: Masillionis v. Silver Wheaton Corp.
The case of the day is Masillionis v. Silver Wheaton Corp. (C.D. Cal. 2018). The case was for securities fraud. Silver Wheaton was a Canadian corporation whose shares traded on the NYSE. Masillionis claimed that Silver Wheaton had failed to disclose to investors a risk that Canada’s tax authority could reassess its tax liability for……
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Lago Agrio: More on the New Default Judgment
I didn’t set out to have so much Lago Agrio coverage this week, but there is something new to report. As I reported on April 11, long after Judge Kaplan entered his final judgment against Donziger and the two LAP representatives and long after the Second Circuit decided the appeal, Chevron asked the court to……
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Lago Agrio: More on the Ontario Hearing
While there still is no transcript or recording of the hearing in the Court of Appeal last week, the Lago Agrio plaintiffs have issued a press release that, even after putting aside all the things that should be put aside, casts some light on what happened at the hearing. It seems that both Chevron Corp.……
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Lago Agrio: Nothing To Report
The Ontario Court of Appeal held a two-day hearing on the Lago Agrio plaintiffs’ appeal from the summary judgment in favor of Chevron Canada. The gist of the decision was that the LAPs had not shown they were entitled to pierce the corporate veil and therefore they could not look to the assets of Chevron……
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Lago Agrio: Third Parties Seek To Unseal Canadian Records
The appeal of the Canadian judgment in the Lago Agrio recognition case is going to be heard later this month, and just in time, Amazon Watch and other groups have filed a motion asking the Ontario Superior Court (the court that entered judgment in favor of Chevron Canada) to unseal “confidential information” that the parties,……