Judge Won’t Dismiss Chinese Company’s Action To Enforce $70M Award Against Nigeria

Mealey's (January 27, 2023, 1:29 PM EST) -- WASHINGTON, D.C. — A District of Columbia federal judge on Jan. 26 denied the Federal Republic of Nigeria’s motion to dismiss a Chinese company’s action to confirm an arbitral award worth nearly $70 million for Nigeria’s expropriation of its investment in building business infrastructure in a designated “free-trade zone,” which the company owned in part....