Refiner Hits Auto Salvage Co. With Fraud Suit Over Award

By Christine Powell (March 24, 2016, 7:43 PM EDT) -- A South African refiner that recently won a $200 million arbitral award against a Pennsylvania auto salvage company in a loan dispute launched a new suit Wednesday in Pennsylvania federal court, accusing the U.S. company and four of its shareholders of fraudulently transferring millions of dollars even as it refused to pay the refiner back....

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