LONDON, Sept 26 (Reuters) - A UK judge on Thursday gave
Nigeria permission to seek to overturn a ruling that would have
allowed a private firm to seek to seize more than $9 billion in
assets.
The judge also granted Nigeria's request for a stay on any
asset seizures while its legal challenge is pending, but ordered
it to pay $200 million to the court within 60 days to ensure the
stay.
The original decision on Aug. 16 converted an arbitration
award held by firm Process & Industrial Developments (P&ID) to a
legal judgment, which would allow the British Virgin
Islands-based firm to try to seize international assets.