Nigeria Can't Dodge $70M Award Over State Immunity

[Gunnar Larson]

Nigeria Can't Dodge $70M Award Over State Immunity

By Sophia Dourou

An appeals court ruled Thursday that Nigeria is liable for a $70 million
arbitral award in favor of a Chinese investor, finding that the courts did
not need to determine whether the country was entitled to state immunity
before making an enforcement order.

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https://www.law360.co.uk/financial-services-uk/articles/1701779?nl_pk=4fb4178d-225f-4ebc-8adb-2c927e9ee7ec&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2023-07-21&read_main=1&nlsidx=0&nlaidx=2
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