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Monday, January 19, 2015

More lawsuits to come

OTTAWA—The private owner of the Detroit-Windsor bridge is suing Canada for billions under NAFTA, one of many legal cases cited in a new study on corporations’ growing use of investor protection measures to challenge the Canadian, U.S. and Mexican governments.
 
Michigan billionaire Matty Moroun, owner of the existing bridge connecting Windsor to Detroit, is claiming damages from Ottawa in connection with Canada’s plan to help build a second bridge linking Ontario to Michigan at Detroit.
 
Moroun, whose bridge company opposes the Canadian project, claims Canada’s handling of the pre-construction phase of the proposed new bridge has violated his firm’s right under NAFTA provisions to be treated no differently than a Canadian company. In an initial filing, Moroun’s company asked a NAFTA arbitration tribunal for $3.5 billion in damages from Ottawa.

READ MORE: http://www.thestar.com/news/canada/2015/01/13/canada_being_sued_for_billions_under_nafta_investor_protections.html

Legal challenges by investors against national governments filed under NAFTA Chapter 11 over two decades:
 
Against Canada: 35
Against Mexico: 22
Against U.S.: 20

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