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Texas Jury Cut Valero Refinery Appraisal Badly, Court Says

By Paul DeBenedetto (March 31, 2015, 10:21 PM EDT) -- A Texas appeals court found Tuesday that a jury improperly reduced the $527 million appraised value assigned to Valero Energy Corp.'s Texas City refinery in determining its equal and uniform value, but stopped short of rendering judgment and sent the case back to the trial court....

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