Dutch Appeals Court Axes Ecuador Challenge In Chevron Row
Law360, New York (July 19, 2017, 8:52 PM EDT) -- A Dutch appeals court on Tuesday rejected Ecuador's challenge to several jurisdictional and other preliminary arbitral awards favoring Chevron Corp., which arose out of a long-running dispute with the country over alleged pollution in the Amazon rainforest.
Ecuador had asked the Appeals Court of the Hague to overturn a 2016 trial court decision rejecting the country's bid to set aside the awards in the ongoing arbitration, in which Chevron is looking to hold the South American nation accountable for breaching a previous settlement that should have barred a $9.5 billion judgment issued by an Ecuadorian court. That judgment was later found...
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