September 3, 2019
English High Court adjourns application to enforce Nigerian arbitral award pending application in the Nigerian courts, but makes āsubstantialā interim security order
Source: mayerbrown.com In AIC Limited v The Federal Airports Authority of Nigeria [2019] EWHC 2212, the English High Court adjourned an application made by AIC Limited (āAICā), a Nigerian construction and property development company, to enforce a Nigerian arbitral award pursuant to the New York Convention worth approximately US$123 million (including accrued interest) made in its favour