Article: Dutch Court OKs Petrobras Claim Jurisdiction Despite Brazilian Arbitration Clause

September 23, 2018

“In a development with significant implications both for Petrobras investor claims and for the global pursuit of investor claims generally, a Dutch court has accepted jurisdiction for a securities fraud action filed in the Netherlands against Petrobras, and also ruled that the arbitration clause in Petrobras’ bylaws do not preclude the Dutch proceeding.”