Dispute over Nigerian oil field loan must be arbitrated

Dispute over Nigerian oil field loan must be arbitrated

Dispute over Nigerian oil field loan must be arbitrated

An English court has ordered a Nigerian energy conglomerate to fight its dispute over a US$1.7 billion oil field debt in ICC arbitration, finding a group of lenders did not waive their right to arbitrate by appealing a Nigerian court ruling.

For more information, please see https://globalarbitrationreview.com/dispute-over-nigerian-oil-field-loan-must-be-arbitrated

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