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DC Circ. Won't Revive Fight Over $89M Libya Award

By Caroline Simson ( May 31, 2022, 7:05 PM EDT) -- The D.C. Circuit has refused Libya's bid to vacate an $89 million arbitral award issued to an Austrian construction business after its infrastructure projects were disrupted by the Libyan revolution, ruling that the tribunal wasn't obligated to decide an issue relating to more than $100 million in advance payments....

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