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Italian Cos.' €8.2M Mozambique Claim Comes Up Short

By Caroline Simson ( October 30, 2019, 8:20 PM EDT) -- Mozambique has prevailed in an €8.2 million ($9.1 million) arbitration initiated by an Italian construction group following a dispute over a highway reconstruction project, while failing to convince an international tribunal that it lacked jurisdiction under the European Court of Justice's groundbreaking ruling in the Achmea case....

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