Chevron says Dutch Supreme Court rejects Ecuador's $ 9.5 billion claim
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 image. REUTERS / Mike Blake
(Reuters) ̵[ads1]1; The Supreme Court of the Netherlands rejected Ecuador's attempt to cancel decisions of an international arbitration court that ordered Ecuador to prevent enforcement of a $ 9.5 billion condemnation against Chevron Corp anywhere in the world The US oil major said Tuesday.
Chevron said that the Dutch court's decision upholds decisions by two Dutch lower courts that rejected Ecuador's attempt to cancel those awards.
"The Dutch Supreme Court found that the challenged arbitration cycles are consistent with the general policy and entitled to prevent irreversible damage to Chevron," the company said.
Earlier this month, the Supreme Court of Canada had rejected claims attempting to force Chevron's Canadian unit to pay the $ 9.5 billion sentence in Ecuador against the company of Andean land pollution.
The inhabitants of Ecuador's Lago Agrio region have tried to force Chevron to pay for water and soil pollution from 1964 to 1992 by Texaco, which Chevron bought in 2001.
Citizens received a judgment against Chevron in Ecuador in 2011.
The latest decision adds several court cases that Chevron has won against the plaintiffs and its legal team in this case.
Reporting by Philip George and Kanishka Singh in Bengaluru; Editing Gopakumar Warrier