By: Emily Granja, Junior Staffer On October 23,2023, England’s High Court of Justice ruled in favor of the Federal Republic of Nigeria in Nigeria v. Process & Industrial Developments Ltd. (P&ID). Reviewing the case, the High Court vacated P&ID’s $11 billion arbitral award after finding significant evidence of fraud and bribery. While the High Court’s…
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So, You Think You Can Arbitrate?
By: Aissatou Toure; Articles editor Arbitration is in demand. In 2023 alone, complainants brought 7,554 new cases into arbitration. Before becoming an arbitrator, one must know what arbitration entails; however, arbitration evades easy definition. The World Intellectual Property Organization defines arbitration as: “a procedure in which a dispute is submitted, by agreement of the parties,…
