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Bankrupt Gas Co. To Pull 1 Claim In $565M Row With Egypt

By Jack Newsham (June 10, 2016, 10:05 PM EDT) -- The trustee of insolvent Ampal-American Israel Corp. got permission from a New York bankruptcy judge Friday to withdraw one of two arbitration claims against Egypt in a $565 million dispute over halted deliveries to its natural gas pipeline, with the judge saying there was no need to withdraw its second claim....

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