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German Pipe Co. Says $700M Award Must Be Nixed

By Joyce Hanson (May 20, 2020, 9:58 PM EDT) -- A German pipemaker has urged a New York federal court to vacate a €643 million ($702 million) arbitral award to a Berkshire Hathaway unit that claims it was duped into buying the manufacturer, saying arbitrators disregarded Delaware law barring damages for identical breach and fraud claims....

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