The Amsterdam District Court rejected Shell’s (ECLI:NL:RBAMS:2026:7690) and Repsol’s (ECLI:NL:RBAMS:2026:7691) circa €1b follow-on damage claim against the four members of the ethylene buyers’ cartel (Press Release). The judgments found that the Claimants’ econometric and other evidence was implausible and unreliable, and that Shell’s ‘enormous’ loss was generated by its expert’s inappropriate comparison with prices in Asian markets. Cento Veljanovski together with Carina Lange, gave evidence in the defence of Vestolit/Orbia instructed by Mark Gidley and Mark Powell of White & Case, working with Rick Cornelison’s team at Houthoff. Further details Here.