Nix Of $11B Award Shows Limits Of Arbitral Process

By Robin Henry and Abbie Coleman (November 20, 2023, 1:39 PM GMT) -- On Oct. 23, in a landmark decision in Nigeria v. Process & Industrial Developments Ltd., the High Court of Justice of England and Wales overturned a $11 billion arbitration award on the basis that the award had been obtained by fraud and was contrary to public policy....

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