zhongshan fucheng $70m award
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Nigeria Nigeria's Bid for Sovereign Immunity Fails: US Court Upholds $70M Chinese Investment Award
Nigeria has lost its sovereign immunity claim in a US court, which upheld a $70 million arbitration award in favor of Chinese firm Zhongshan Fucheng. The court ruled the award enforceable under the New York Convention, despite Nigeria's arguments of state immunity. This follows similar outcomes...- Nigeria News
- Article
- 2 min read
- nigeria sovereign immunity us court ruling nigeria zhongshan fucheng $70m award
- Category: Business
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