Ontario Court Dismisses Another Contempt Motion in Itaipú Pension Fund Case
Ontario Superior Court dismisses third contempt motion by Itaipú pension fund against Eduardo García, raising questions about 15-year litigation and C$30 million in legal fees.
This ruling matters because it exposes potential misuse of the Canadian legal system to pursue a long-standing dispute that may have been used to justify pension reforms harming workers and consumers in Paraguay. The failure to recover alleged funds after 15 years and C$30 million in legal costs raises questions about the litigation's true purpose and the transparency of Itaipú's pension fund management.
