English High Court grants Nigeria extension of time to challenge usd 6.6 billion award for fraud

In The Federal Republic of Nigeria v. Process & Industrial Developments Limited [2020] EWHC 2379 (Comm), the English High Court (“Court”) granted the Federal Republic of Nigeria (“Nigeria”) an extension…

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Nigeria Given Extension of Time to Challenge Multibillion-dollar Arbitration Award: Analysis of the English High Court’s Decision EMEA – 1 October 2020

The Federal Republic of Nigeria has succeeded in obtaining an extension of time for its challenge of a US$6.6 billion arbitral award made against it in 2017.1 The award now…

Continue ReadingNigeria Given Extension of Time to Challenge Multibillion-dollar Arbitration Award: Analysis of the English High Court’s Decision EMEA – 1 October 2020