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Spain Can't Enforce €855M Oil Spill Award Against Insurers

By Sophia Dourou ( December 12, 2024, 1:24 PM GMT) -- Spain has failed in its latest attempt to enforce an €855 million ($898 million) Spanish judgment against maritime insurers over a huge oil spill off its coast, as an appeals court found on Thursday that it was prevented from doing so by English arbitration....

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