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Oxy May Face Uphill Battle In Bid To Vacate $392M Award

By Caroline Simson (February 2, 2023, 6:56 PM EST) -- A Second Circuit panel appeared skeptical during oral arguments Thursday that a $392 million arbitral award issued to Andes Petroleum Ecuador Ltd. could be nixed based on an undisclosed relationship between its lead counsel and the arbitrator appointed by its opponent, an Occidental Petroleum unit....

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