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    Home»Commodities»Swiss commodities trader beats bid to revive Congo oilfield claim
    Commodities

    Swiss commodities trader beats bid to revive Congo oilfield claim

    September 18, 20251 Min Read


    Swiss commodities trader beats bid to revive Congo oilfield claim


    Pointe-Noire, Congo (Credit: Shutterstock/chromoprisme)

    The Paris Court of Appeal has found that an ICC tribunal correctly declined jurisdiction over a US$200 million claim against a Swiss trader over an oilfield in the Republic of the Congo, dismissing arguments that the arbitration clause could extend to a non-signatory. 

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