Judge: Litigation In Nigeria Didn’t Waive Lender’s Right To Arbitrate $2B Dispute

(April 12, 2022, 10:23 AM EDT) -- LONDON — An English judge on April 1 issued a final anti-suit injunction blocking a Nigerian borrower from continuing litigation regarding a loan worth approximately $2 billion that is also the subject of arbitration brought by nine lenders, finding that the lenders’ filings in Nigerian courts did not waive their right to arbitrate....

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