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Glassmaker Seeks $490M ICSID Award From Venezuela

By Jack Newsham (June 17, 2016, 1:44 PM EDT) -- An Owens Illinois Inc. affiliate whose glass factories were seized by Venezuela asked a New York federal judge to confirm a $490 million arbitral award Thursday after the International Centre for the Settlement of Investment Disputes allowed it to pursue the award over the crumbling South American country's objections....

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