OLAGUNJU, J.C.A. (Delivering the Leading Judgment): The appeal is against the Ruling delivered on 11/12/98 by Kassim, J., of the Enugu Judicial Division of the Federal High Court appointing arbitrators at the instance of the respondent to look into the dispute between her and the appellants arising from an agreement between the respondent and the 1st appellant, the negotiation and execution of which the 2nd appellant facilitated.
The agreement was in pursuance of a business venture during the negotiation of which the 2nd appellant who was based in the United States of America (U.S.) introduced the 1st appellant to Chief Enemour, the Managing Director of the respondent, for the purpose of exploring the possibility of establishing locally water processing and bottling technology which is the speciality of the 1st appellant in the U.S. The culmination of the business exploration by the parties was the signing of a Joint Venture Agreement, Exhibit 'A', leading to the incorporation on 18/…