Law360 (December 4, 2020, 8:45 PM EST) — Nigeria has failed to secure an early exit from litigation filed in Washington, D.C., by an engineering firm to enforce a $10 billion arbitral award against the country, after a federal judge found Friday that Abuja waived its sovereign immunity when it agreed to arbitrate the dispute.
U.S. District Judge Christopher R. Cooper concluded that Nigeria gave up its ability to claim sovereign immunity in the case by signing the New York Convention, an international treaty under which signatory nations agree to enforce international arbitration agreements and awards.
The engineering firm, Process and Industrial Developments Ltd., won the award following a…
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!
