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6th Circ. Upholds Venezuela's Win in $100M Phony Debt Case

By Jack Newsham (August 24, 2017, 6:33 PM EDT) -- An investment company that tried to shake down Venezuela for $100 million in what the Sixth Circuit called "a calculated effort to pull off a 'gotcha' against a foreign sovereign" had its case rejected by the appeals court on Thursday, with the judges suggesting Venezuela be awarded its legal expenses for having to fight a case that was "utterly without merit."...

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