The Hague Court Rules for Chevron in Ecuador Dispute
The District Court of The Hague today ruled in favor of Chevron Corporation in its dispute with the Republic of Ecuador, upholding a 2018 arbitral award rendered by an international tribunal administered by the Permanent Court of Arbitration.
- The District Court of The Hague today ruled in favor of Chevron Corporation in its dispute with the Republic of Ecuador, upholding a 2018 arbitral award rendered by an international tribunal administered by the Permanent Court of Arbitration.
- The court held that because none of the setting aside grounds brought forward by Ecuador succeed, the claims will be denied.
- Even Ecuador finally admitted in a public filing earlier this year that the $9.5 billion judgment issued by its courts against Chevron is fraudulent.
- Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com .