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Companies Say €128M ICSID Award Should Stay In Euros

By Caroline Simson (June 8, 2017, 5:38 PM EDT) -- Two companies seeking to enforce a more than €128 million arbitral award against Spain in a dispute over renewable energy subsidies urged a New York federal judge Wednesday not to convert the amount into U.S. dollars, saying Second Circuit precedent explicitly allows courts to keep it in euros....

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