Oil Services Co. Must Pay £3.6M Or Risk Losing Its Bank Case

Law360, London (July 14, 2020, 5:55 PM BST) -- A London judge ordered a Nigerian oil services provider to return the roughly £3.6 million ($4.5 million) that First City Monument Bank paid for a now-overturned judgment, saying continued defiance could cost the company a chance to pursue an amended claim.

High Court Judge Robert Miles rejected Zumax Nigeria Ltd.'s claim that it couldn't pay the amount required under a 2019 Court of Appeals decision and would be denied justice if it couldn't pursue its case against First City over a series of bank transfers it says are unaccounted for.

"Orders of the court should be generally complied with and, if...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!