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Distributor Bucks Arbitration In Suit Over Baker Hughes Deal

By Paul DeBenedetto (July 16, 2015, 9:56 PM EDT) -- Continental Alloys & Services Inc. on Wednesday urged a Texas court to reject a request for arbitration from CIEC USA Inc. in a $5.27 million suit over allegedly defective parts sold to Baker Hughes, arguing that the oilfield services giant assigned its claims to Continental and that those claims are not subject to any arbitration agreement with CIEC....

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