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Occidental Seeks 2nd Circ. Redo Of Bid To Nix $392M Award

By Brian Steele ( July 14, 2023, 7:56 PM EDT) -- A subsidiary of Occidental Petroleum Corp. wants the full Second Circuit to hear its request to vacate a $392 million arbitration award to Andes Petroleum Ecuador Ltd., alleging that one of the arbitrators "blatantly violated his disclosure obligations," resulting in an outcome that is tainted by the appearance of bias....

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