Nigerian Court Rules in Favor of Respondent in Vessel Arrest Dispute
The legal dispute involves MT Oryx Trader vessel's arrest due to unpaid supplies, leading to a caveat filing against its release. The court upheld the caveat as valid, ruling in favor of the respondent.
The appellant claimed damages for wrongful arrest, but the court found no causal connection. The case is now being referred to arbitration for resolution.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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