English Court Dismisses Oil And Gas Entities’ Appeal Of ICC Award

(February 16, 2016, 2:22 PM EST) -- LONDON — An oil and gas exploration company on Feb. 16 announced that an English appeals court has dismissed its appeal of an arbitration award issued by the International Court of Arbitration of the International Chamber of Commerce (ICC) in relation to a share purchase agreement.

San Leon Energy PLC said in a news release that its subsidiaries, including Aurelian Oil & Gas Limited, lost their appeal to the England and Wales High Court, Commercial Court, of an award issued by the ICC in an arbitration...
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