Supreme Court Takes Overseas Shipping Contract Case
By Ben James ( October 20, 2009, 7:35 PM EDT) -- The U.S. Supreme Court has agreed to hear Union Pacific Railroad Co.'s appeal in a case over whether private contracts should govern a dispute with parties including Regal-Beloit Corp. and PICC Property & Casualty Co. Ltd. over cargo damage from a 2005 train derailment on the inland U.S. leg of a shipment from China....
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