P&ID: UK Court Reverses $11bn Award Against Nigeria

Nigeria has finally succeeded in stopping the enforcement of the $11 billion arbitration award in favour of Process & Industrial Developments (P&ID) against the country. Advertisement A judgement delivered by Justice Robin Knowles of the Commercial Court of England and Wales upheld Nigeria’s prayer on the grounds that the ill-fated gas processing contract was obtained … Continue reading P&ID: UK Court Reverses $11bn Award Against Nigeria