General Discussion
In reply to the discussion: Obama's playing 3D chess - TPP. We just gotta trust him. [View all]Hoyt
(54,770 posts)is not getting very far. It was filed in November 2012. To date the moratorium on fracking still in effect.
As of this date, Lone Pines is darn near bankrupt. Truth is, I could file a claim in Canadian courts over this, not that I support fracking because I don't.
In any event, Lone Pine has to appear before 3 arbiters -- one appointed by Lone Pine, one by Canada and the third agreed to by both parties. I think Loan Pine is screwed and will be paying costs of arbitration. Can't prove it because the official judgement has not been issued.
But the moratorium still is in effect and will be in the unlikely event Lone Pine prevails.
More telling -- notwithstanding this suit and others, Canada requested to be party to the TPP because it feels the good far outweighs any negatives.
Lots of things COULD HAPPEN, but are not likely.