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Power Plant Insurers Take GE Arbitration Fight To 11th Circ.

By David Minsky (September 25, 2024, 7:12 PM EDT) -- Insurers for an Algerian power plant that sustained losses from a defective gas turbine told an Eleventh Circuit panel Wednesday that a lower court wrongly forced arbitration, arguing it was not subject to that provision as a third-party beneficiary in a services contract with General Electric....

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