Second Circuit Concludes That Nigerian Ruling on Enforcement of Arbitration Award Is Entitled to Comity

The Second Circuit Court of Appeals recently partially refused to enforce a foreign arbitration award on the ground that it was required to give comity to a foreign court decision concerning that award.

Esso Exploration and Production Nigeria Ltd. entered into a contractual agreement with the Nigerian government to develop Nigerian oil fields. The agreement provided that the Nigerian National Petroleum Corp. (NNPC) was entitled to obtain (“lift”) portions of the extracted oil. The agreement also included an arbitration clause requiring arbitration in Nigeria…

Read the complete story here.

Featured Arbitrators

ad
View all

Read these next

Category

Arbitration Conversation No. 53: Canadian Arbitrator Janet Walker

In this episode of the Arbitration Conversation Amy interviews Janet Walker, an independent arbitrator with chambers at Arbitration Place in Toronto, at the International Arbitration Centre in London, and at...

By Janet Walker, Amy Schmitz
Category

SCOTUS Again Declines to Review Case Involving FINRA Award

This article was first published on the Securities Arbitration Alert blog, here. For the second time in a few months, the Supreme Court has refused to take up a case...

By George Friedman
Category

A New EU Directive on Cybersecurity is on the Way: New ‘Cyber Obligations’ for International Arbitration Stakeholders?

Introduction The conversation about cybersecurity in international arbitration has been going on for quite a while now, perhaps mostly in parallel with the discussion on personal data protection. In recent...

By ,

Find an Arbitrator