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Venezuela Fails To Nix $382M Award To Glassmaker

By Caroline Simson (December 10, 2018, 7:49 PM EST) -- Venezuela has lost its bid to nix a more than $382 million arbitral award issued to a subsidiary of glassmaker Owens-Illinois Inc. whose two glass production plants were seized, after an ad hoc committee rejected arguments that the award should be annulled because Venezuela's appointed arbitrator had allegedly become biased against it....

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