Eni Accuses Nigeria, U.S. Litigation Funder of ‘Opaque’ Deal (1)

Oct. 14, 2020, 5:28 PM UTC

Eni SpA is seeking documents from a U.S. investment firm helping Nigeria sue it and Royal Dutch Shell Plc for more than $1 billion over an energy deal at the center of a criminal corruption trial.

Eni claims that “undisclosed interests” are driving the Nigerian government’s litigation strategy “at the expense of Eni’s contractual rights and the national interest of Nigeria.” The Italian oil company wants permission to subpoena information from the investment firm, Drumcliffe Partners LLC, to help its defense in the corruption trial in Milan, which Nigeria has joined as a civil party.

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