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No Relief For Oil Tanker Co. That Cried Foul On $55M Deal

By Jack Newsham (March 2, 2016, 5:09 PM EST) -- A New York federal judge on Wednesday rejected an oil tanker company's effort to overturn a $55 million settlement of a $500 million arbitral award it won against the Nigerian National Petroleum Corp., saying evidence undermined the company's claim that its CEO was strong-armed into signing the settlement....

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