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Procedural Posture
This document is a Joint Status Report submitted to the United States District Court for the District of Columbia by Petitioner Process and Industrial Developments Limited (P&ID) and Respondents the Federal Republic of Nigeria and the Ministry of Petroleum Resources. The filing complies with the Court’s June 6, 2022 Minute Order, which directed the parties to provide an update regarding the status of Nigeria’s set-aside application pending before the English High Court of Justice.
Status of Foreign Proceedings and Relief Requested
The parties report that there have been no changes to the timeline of the English proceedings since their previous update on May 27, 2022. The English High Court is scheduled to conduct a trial on Nigeria’s set-aside application commencing on January 23, 2023, with an estimated conclusion in March 2023, followed by a judgment. In light of this schedule, the parties jointly request that the District Court maintain the stay of the U.S. enforcement proceedings originally ordered on June 6, 2022, and propose submitting a subsequent status update in ninety days.