Enforcement of an award that was set aside, New York Convention, Sovereign Immunity, United States Courts
Nigeria’s $10 Billion Article V(1)(e) Off-Ramp and the Niggling Issue of Set-Aside or Annulled Awards
The permissive language of Article V(1)(e) of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the “New York Convention”) continues to tease parties challenging recognition and enforcement of arbitral awards with the prospects of success. That is the case for Nigeria in its latest efforts to fend off the confirmation of a…