The plaintiffs are: Lekoil Nigeria Limited, Lekoil Oil and Gas Investments Limited, Mayfair Assets and Trust Limited, Lekoil 276 Limited and Lekoil Exploration and Production Nigeria Limited. The defendants are: Lekoil Limited (Cayman Island) and Savannah Energy Investments Limited. The plaintiffs had sought the ex-parte injunction following the announcement on February 28, 2022 by the 1st defendant that it had entered into an agreement with Savannah Energy Investments Limited (2nd defendant), a subsidiary of Savannah Energy Plc. Prior to the injunction, the defendants had scheduled an Extraordinary General Meeting (EGM) to hold on Thursday, April 7, 2022. “Rather than respect the rule of law, both companies had acted in defiance to the Nigerian court injunction by going ahead with the EGM as scheduled,” the plaintiffs lamented.

Source: The Guardian April 13, 2022 04:17 UTC