Mealey's (October 13, 2020, 8:40 AM EDT) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) tribunal in an award published online on Oct. 7 denied two Delaware companies’ claims for an estimated $1.5 billion in damages against the Federal Republic of Nigeria for the alleged expropriation of their oil investments, finding that a director associated with the companies, not Nigeria, deprived the companies of control over their investments, and ordered the companies to pay Nigeria more than $660,000 in arbitration costs (Interocean Oil Development Company, et al. v. Federal Republic of Nigeria, No. ARB/13/20, ICSID)....