NY Court Faults 'Woebegone' $71M Tupi Award Challenge

By Caroline Simson ( June 26, 2026, 11:46 PM EDT) -- A New York federal judge has enforced a $71 million arbitral award issued to a Petrobras-managed Dutch consortium in a long-running offshore oil dispute, in a case that she said "proves" that parties that eschew litigation in favor of arbitration "are making a huge mistake."...

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