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Chevron Beats Saudis' 'Sham' $18B Arbitration Award

By Hailey Konnath ( September 24, 2019, 8:54 PM EDT) -- A California federal judge on Tuesday declined to confirm a $17.9 billion arbitration award against Chevron Corp. that the oil company has slammed as a "sham," ruling that the Saudi families that sought confirmation haven't proven the existence of an agreement to arbitrate and that, in any case, the court lacks jurisdiction in the matter....

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