October 11, 2005 11:07 Age: 9 yrs

Professor Bederman Comments on Nigerian Oil Deal Gone Bad

By: Beverly James

Professor David Bederman comments on an American executive's legal saga in an oil deal gone bad in the October 3 issue of the Dallas Morning News. Jim Faulk is accusing arbitrators of taking bribes from Nigerian defendants in the case. Bederman, who is on Faulk's legal team, called the Gulf-Petro case "unprecedented" in international arbitration. "The beauty of why [arbitration] is cheap and effective and quick is also one of its weaknesses," he said. "There is no appeal. You're relying on the integrity of these arbitrators to dispense fair justice." Click here to read the article.

List: <- Back to: News Releases