5th Circuit Reverses Court’s Vacatur Of ‘Addendum’ To $10.5M Gas Well Award

(September 20, 2024, 1:17 PM EDT) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on Sept. 19 reversed a Texas federal court’s vacatur of an addendum award that reduced by more than $4 million a tribunal’s $10.5 million award against a Republic of Cameroon company for a dispute over gas well profits, finding that the addendum was properly issued and ordering its confirmation....