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ADVERTISEMENT ADVERTISEMENT 2nd Circ. Seems Wary Of Enforcing Nixed $2.7B Nigeria Award Law360 (January 22, 2021, 8:56 PM EST) A Second Circuit panel appeared disinclined on Friday to completely enforce an annulled $2.7 billion arbitral award against Nigeria s state-owned oil company, as one judge expressed apparent frustration over the remarkably general rule allowing courts to do so in certain circumstances. Units of ExxonMobil Corp. and Royal Dutch Shell PLC are urging the Second Circuit in the appeal to reverse a September 2019 ruling that refused to enforce the $1.8 billion award, which was worth approximately $2.7 billion with interest as of late 2018. ExxonMobil subsidiary Esso Exploration and Production Nigeria Ltd. and Royal Dutch Shell subsidiary Shell Nigeria Exploration and Production.

Royal dutch shellUnits of exxonmobil corpProduction nigeria ltdSecond circuitEsso explorationProduction nigeriaShell nigeria explorationஅரச டச்சு ஷெல்அலகுகள் ஆஃப் எக்ஷ்க்ஷொன்மொபில் கார்ப்ப்ரொடக்ஶந் நைஜீரியா லிமிடெட்இரண்டாவது சுற்றுஎஸொ ஆய்வுப்ரொடக்ஶந் நைஜீரியாஷெல் நைஜீரியா ஆய்வு