Venezuela Ministry Says $129M Award Issued In Wrong Venue

By Sophia Morris ( July 11, 2019, 5:27 PM EDT) -- The Venezuelan Ministry of Defense told a Mississippi federal court Wednesday that a $128.9 million arbitration award issued to U.S. shipbuilder Huntington Ingalls Industries cannot be enforced because the tribunal did not comply with the terms of the arbitration agreement when it moved the proceedings to Brazil....

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