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Treaty violation: UK court orders Nigeria to pay Chinese firm $70m, dismisses immunity plea

A UK court has ruled that Nigeria is liable for a $70 million arbitral award in favour of Zhongshan Fucheng Industrial Investment.

United kingdomJulian flauxSara cockerillZhongfu international investmentZhongshan fucheng industrial investment coZhuhai zhongfu industrial group co ltdZhongshan fucheng industrial investment

Treaty violation: UK court orders Nigeria to pay Chinese firm $70m, dismisses immunity plea | Nigerian News, Latest Nigeria In News Nigeria News Your online Nigerian Newspaper

Treaty violation: UK court orders Nigeria to pay Chinese firm $70m, dismisses immunity plea | Nigerian News, Latest Nigeria In News Nigeria News Your online Nigerian Newspaper
nigerianeye.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nigerianeye.com Daily Mail and Mail on Sunday newspapers.

United kingdomSara cockerillJulian flauxZhongfu international investmentZhongshan fucheng industrial investment coZhuhai zhongfu industrial group co ltdZhongshan fucheng industrial investment

UK court dismisses state immunity, orders Nigeria to pay Chinese investor $70m over treaty violation

UK court dismisses state immunity, orders Nigeria to pay Chinese investor $70m over treaty violation
thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.

United kingdomJulian flauxSara cockerillZhomgshan fuchengZhongfu international investmentZhuhai zhongfu industrial group co ltdZhongshan fucheng industrial investment coZhongshan fucheng industrial investment

Arbitration Sovereign Immunity District court holds that Nigeria could not rely on a defense of sovereign immunity to avoid paying a $70 million arbitral award

In 2007, Ogun State, located in Nigeria's southwestern region, began contracting with Chinese companies to develop the Ogun Guandong Free Trade Zone…

Ogun stateNew yorkUnited statesCity ofUnited kingdomFederal republic of nigeriaWenxiao zhaoGuangdong xinguang international chinaYork conventionOgun guandong free trade zone companyGroup ltdAfrica investment ltdZhuhai zhongfu industrial group coZhongshan fucheng industrial investment co ltdZhongfu international investmentGuangdong new south group

Investment Treaties And Their Role In Protecting Chinese Businesses Abroad: A Look At The Zhongshan V Nigeria Award

Investment Treaties And Their Role In Protecting Chinese Businesses Abroad: A Look At The Zhongshan V Nigeria Award. Legal News and Analysis - Africa/Middle East, China - Dispute Resolution, Regulatory & Compliance - Government and Public Sector -

New yorkUnited statesFederal republic of nigeriaSherlin tungChristina liewJack ballantyneHussein haeriJoseph chuZhongfu international investmentZhongshan fucheng industrial investment coYork conventionZhongshan fucheng industrial investment co ltdFederal republicForeign arbitral awardsNew york conventionInvestment disputes