Altai Resources Inc. Abandons Legal Representation in Quebec Litigation Over Expropriation Due to Financial Strain
Reuters
Sep 06
<a href="https://laohu8.com/S/ARSEF">Altai Resources Inc.</a> Abandons Legal Representation in Quebec Litigation Over Expropriation Due to Financial Strain
Altai Resources Inc. has announced an update on its ongoing litigation in Quebec. The company had filed a claim in the Superior Court of Quebec in 2022 against the Ministry of Energy and Natural Resources (Quebec), the Government of Quebec, and the Attorney General of Quebec. The claim seeks compensatory damages for the expropriation of Altai's oil and gas exploration assets in Quebec. However, Altai's legal counsel has ceased representation due to the financial burden, and the company has chosen not to appoint new legal counsel, citing the futility of seeking justice in Quebec. To mitigate costs, Altai proposed advancing a series of test cases that exclude its own case, but this approach was rejected by the defendants and not supported by the court. The company remains without legal representation, with no changes to the status of the claim notified by the court or the defendants.
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