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ARTICLE · 07 FEBRUARY 2014

Templars Advises Nigerian Breweries Plc On A Landmark "Take Or Pay" Dispute ...

Templars
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Templars advised and recently, obtained an arbitral award on behalf of the Heineken subsidiary, Nigeria Breweries Plc (NB)...

NigeriaLitigation, Mediation & Arbitration
Adewale Atake
Adewale Atake
Godwin Omoaka
Godwin Omoaka
Igonikon Whyte
Igonikon Whyte
Abimbola Atitebi
Abimbola Atitebi
Lara Ogungbemile
Lara Ogungbemile

Templars advised and recently, obtained an arbitral award on behalf of the Heineken subsidiary, Nigeria Breweries Plc (NB) - Nigeria's largest beverage (alcoholic and non-alcoholic) brewer - in a multi-million Naira dispute initiated by Gaslink Nigeria Ltd in respect of disputes arising from the take-or-pay provisions of a Gas Sales and Purchase Agreement executed by the parties.

This is a pioneer arbitration in the Nigerian gas industry on take-or-pay clause.

Commenting on the arbitral award, Adewale Atake Templars partner and head of the dispute resolution group said: "the arbitral award in favour of our client is excellent news; it is unique in the sense that this is the first arbitration in Nigeria dealing with take-or-pay provisions under GSPAs and Templars is delighted to be part of this ground breaking award"

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