BVI Entity Appeals Dismissal Of Suit To Confirm Award Against Chinese Oil Company

Mealey's (May 25, 2022, 1:48 PM EDT) -- WASHINGTON, D.C. — A British Virgin Islands (BVI) entity on May 23 filed notice in the U.S. District Court for the District of Columbia that it will appeal the dismissal of its petition to confirm an arbitral award worth more than $21.5 million against a Chinese oil exploration and production company after the court found the venue was improper because it was not proven that the Chinese company does business in the district directly or as an agent or alter ego of China....