The Dutch Supreme Court has refused to set aside awards issued by an international tribunal ordering Ecuador to prevent enforcement of a $9.5 billion judgment against Chevron over pollution in the Amazon, which was later found by the tribunal and U.S. courts to have been obtained through fraud.
The Supreme Court of the Netherlands in its Friday ruling rejected Ecuador’s bid to set aside the awards, which had been issued in an international arbitral proceeding administered by the Permanent Court of Arbitration in The Hague in 2012 and 2013. The awards had ordered the country to “take all measures necessary” to suspend the judgment against Chevron. Read more>>
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