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UK Security Payment Decision Makes Waves In Int'l Arbitration

By Caroline Simson (March 10, 2017, 8:42 PM EST) -- The U.K. Supreme Court recently reversed a judgment requiring Nigeria's state-owned oil company to post $100 million in security as it challenges enforcement of a $153 million arbitral award over a petroleum export terminal contract allegedly procured through fraud, a novel decision that could be internationally influential....

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