Nigeria Argues D.C. Judge Must Dismiss Petition To Confirm $6.5M Award

Mealey's (August 29, 2018, 1:27 PM EDT) -- WASHINGTON, D.C. — The Federal Republic of Nigeria and a Nigerian ministry on Aug. 27 moved to dismiss a petition to confirm a $6,597,000,000 arbitral award, arguing that a district court is required to make a determination on sovereign immunity under the Foreign Sovereign Immunities Act (FSIA) before it would be required to submit substantive defenses to confirmation and that the award was set aside by a Nigerian court (Process And Industrial Developments Limited v. Federal Republic Of Nigeria, et al., No. 1:18cv594, D. D.C.)....