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Insurers Fight Referral Of $1B Oil Spill Liability Suit To ECJ

By Paige Long (December 17, 2020, 7:13 PM GMT) -- A club of insurers fighting the recognition of a Spanish ruling that found it liable for up to €855 million ($1 billion) in damages stemming from a devastating 2002 oil spill urged a London judge Thursday to dismiss Spain's bid to have the case referred to the EU courts....

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