Kazakhstan Can't Revive Suit Over $506M Oil Investor Award

By Piper Hudspeth Blackburn ( June 13, 2023, 8:15 PM EDT) -- A New York state appeals court on Tuesday refused to revive Kazakhstan's lawsuit accusing a hedge fund of conspiring with Moldovan oil and gas investors to secure an allegedly fraudulent arbitral award of about $506 million, ruling that the country's fraud claims have already been adjudicated....

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