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Probo Koala - Trafigura appeals the Court of Appeal interim-ruling of 14 April 2020 in the case brought forward by the Stichting VDTCI in the Netherlands

13 July 2020 – today, Trafigura Beheer BV has made use of the opportunity provided by the judges of the Amsterdam Court of Appeal to appeal against their interim-ruling of 14 April 2020 in the case brought forward by the Stichting VDTCI in the Probo Koala case. Trafigura has appealed this decision before the Dutch Supreme Court. This opportunity, which is generally excluded in such matters, was specifically authorised by the Court of Appeal in view of the differing legal interpretations in this matter.

The Court of Appeal acknowledged in its ruling that the interests of the Stichting's constituency are still at risk, but decided on balance that the case brought forward by VDTCI should be admissible. Trafigura strongly disagrees and thus is appealing the decision.

16 April 2020, Probo Koala - Court of Appeal judgement in the preliminary phase of the Stichting VDTCI case in the Netherlands

 

Visit: www.trafigura.com/probo-koala/