“According to a September 19, 2018 summary of the Dutch court’s decision prepared by Battea Global Litigation Research (here), the mandatory arbitration clause in Petrobras’ bylaws “did not meet the standard for which Dutch courts determine to be valid ground to deny the investors and the Foundation constitutional access to bring litigation and claims against Petrobras in the Netherlands.” UPDATE: An English language translation of the Rotterdam Court’s September 19, 2018 Judgment can be found here.” 


This article can be found on D&O Diary website here.