Lagos high Court rejects Bharti appeal in written judgement

Key Facts

  • The High Court in Lagos, Nigeria, dismisses Bharti Airtel's appeal to set aside an award made by an international commercial arbitration tribunal in favour of Econet Wireless
  • The judgement paves the way for the matter to be referred back to the international tribunal to set the quantum of damages and compensation that Bharti must pay Econet Wireless
  • In Court papers, Econet said that it is submitting a claim valued in excess of $3bn
  • In the extensive judgement, the Lagos High Court found that the international Tribunal had been correctly constituted, had jurisdiction and had acted correctly on all accounts.

PDFTo see full PDF - Click here - Judgement of the High Court on the arbitral appeal

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