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DC Circ. Affirms Venezuela Can't Escape $1B Exxon Award
By Craig Clough
The D.C. Circuit on Tuesday summarily affirmed a ruling enforcing a $1 billion arbitral award against Venezuela in a dispute with three Exxon Mobil affiliates, saying a lower court judge correctly rejected the interim government's argument that the illegitimate government of President Nicolás Maduro was wrongly allowed to argue the case.
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