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US Insurers Want Door Shut On $50M Brazilian Bank Claim

By Christopher Crosby (February 14, 2018, 6:00 PM EST) -- Two U.S. insurers have urged a New York federal court to uphold an arbitral award dismissing a Brazilian banking and financial services company's $50 million policy claim against them, arguing that the bank's bid to recoup its losses ignores the great deference courts give to foreign arbitration....

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