Friday 18 March 2016

COURT TO HEAR APPEAL-CHALLENGING JURISDICTION ON $1.015B CHEVRON DIVESTMENT SUIT

chevronHearing of the appeal on whether or not the Federal High Court can assume jurisdiction over a matter instituted by Britannia-U Nigeria Limited, seeking the court to restrain Chevron Nigerian Limited from divesting its interests in Oil Mining Leases (OML) 52, 53 and 55 to Seplat Petroleum Development Company Limited has been fixed by the Court of Appeal, Lagos Division.

The Appellate Court on Tuesday, fixed November 22, 2016 for hearing of the substantive appeal on CA/L/557/2014.

Read more @ The Guardian

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