Mathilde Vijverberg

Mathilde Vijverberg

Mathilde Vijverberg
  • Associate Amsterdam
  • T. +31 20 546 04 56
  • E. mathilde.vijverberg@stibbe.com mathilde.vijverberg stibbe.com E-mail me
  • Languages: Dutch, English

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01.05.2019 NL law
Arbitral award obligating Ecuador to prevent enforcement of USD 8.6 billion order does not violate public order

Short Reads - Due to environmental damage as a result of oil extraction in the Ecuadorian Amazon, oil company Chevron was ordered to pay USD 8.6 billion to Ecuadorian citizens. In order to claim release of liability, Chevron and Texaco initiated arbitration proceedings against Ecuador. Arbitral awards ordered Ecuador to prevent enforcement of the Ecuadorian judgment, leaving the Ecuadorian plaintiffs temporarily unable to enforce their judgment. According to the Supreme Court (12 April 2019, ECLI:NL:HR:2019:565), these arbitral awards did however not violate public order.

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