A Court of Appeal in the United Kingdom dismissed the Process & Industrial Development appeal on a previous judgment halting the enforcement of its $11 billion award against Nigeria. In a unanimous decision, the Lead Judge, Lord Justice Snowden, permitted P&ID to appeal the judgment but dismissed the appeal. The company argued that Nigeria funded its legal services by exchanging naira from its consolidated revenue fund. Snowden, the lead judge, accepted the arguments of Nigeria that since the legal cost was paid in sterling, the cost order should be paid in the same currency.