{"title":"A Big Win in a Long Case: U.K.'s High Court Overturns an Arbitration Award Valued at $11 Billion","authors":"Adaeze Mgbeahuru","doi":"10.1002/alt.22027","DOIUrl":null,"url":null,"abstract":"<p>A long-running battle over a decade-old arbitration award that, with interest, has soared to more than $11 billion against the Nigeria government appears to be nearing its end in dramatic style: The United Kingdom's High Court of Justice confirmed the reversal of the arbitration award.</p>","PeriodicalId":100074,"journal":{"name":"Alternatives to the High Cost of Litigation","volume":"42 1","pages":"5-8"},"PeriodicalIF":0.0000,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Alternatives to the High Cost of Litigation","FirstCategoryId":"1085","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/alt.22027","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
A long-running battle over a decade-old arbitration award that, with interest, has soared to more than $11 billion against the Nigeria government appears to be nearing its end in dramatic style: The United Kingdom's High Court of Justice confirmed the reversal of the arbitration award.