Kazakhstan Loses Suit Over $506M Oil Investor Award

By Caroline Simson (August 29, 2022, 6:18 PM EDT) -- Kazakhstan on Monday lost its lawsuit accusing a hedge fund of conspiring with Moldovan oil and gas investors to secure an allegedly fraudulent arbitral award of about $506 million after a New York judge ruled that the litigation was an "impermissible collateral attack of a confirmed arbitral award."...

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