UK Supreme Court Rules No Security May Be Ordered When Challenging Enforcement

UK Supreme Court rules that no security may be ordered when challenging enforcement of arbitration awards

Herbert Smith Freehills review that UK Supreme Court’s decision in the long-standing Nigerian National Petroleum Corporation case, overturning the Court of Appeal’s decision requiring NNPC to provide US$ 100m in security while the case was remitted to the Commercial Court to decide on IPCO’s challenges to enforcement of an award.

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About Phillip Rompotis

Phillip practices as a barrister and arbitrator in Hong Kong. He has over 25 years’ litigation and arbitration experience in commercial disputes relating to construction & engineering, financial services, joint venture & shareholders agreements, technology, trusts, property and landlord & tenant. He is a Fellow of the Chartered Institute of Arbitrators, the Singapore Institute of Arbitrators, the Malaysian Institute of Arbitrators, and a member of various lists/panels of arbitrators.

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