No jurisdiction to order security for an award as a condition for a party to be allowed to resist enforcement

The Supreme Court [2017] UKSC 16 has now had its say in the latest incarnation of the long-running saga of IPCO v NNPC, in which IPCO has spent the last 13 years trying to enforce a Nigerian award which, including interest, is now in the order US$350million. The Supreme Court had before it a narrow, but important question: whether an […]