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Article

21 Sep 2020

Author:
explica

Netherlands: Court rejects request from Gov. of Ecuador to annul arbitral award which invalidated multibillion-dollar judgment against Chevron

"The Hague Court denies Ecuador’s request to deny award in favor of Chevron", 17 September 2020.

...The Court rejected the request for annulment raised by Ecuador after considering that the judgment of the Ecuadorian Justice against Chevron was the product of a plot of alleged fraud against the oil company, as indicated in a statement from the US company signed in San Ramón (California, USA) and released today in Quito.

That document, provided by the oil company, specifies that the Dutch Court ratified the award of a court of the same jurisdiction issued in 2018, which accepted the theory of fraud in the $ 9.5 billion judgment to which Chevron was sentenced...the Court considered that the arbitral tribunal acted appropriately when issuing the award, in a reasoned manner and adjusted to the law and public order.

The Court, according to the brief, concluded that the court’s orders duly sought to « eliminate the consequences of a fraudulent sentence handed down by a corrupt judge, » adding that « since none of the grounds for nullity invoked by Ecuador were successful, their claims will be denied...The court also established that the Ecuadorian judgment « is unenforceable under international law » and dismissed the environmental accusations against the oil company, since one of its subsidiaries executed a reparation program in the Amazon area that operated between 1964 and 1990...

Part of the following timelines

Texaco/Chevron lawsuits (re Ecuador)

Texaco/Chevron lawsuits (re Ecuador)