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High Court Enables Enforcement of $6.6 Billion Contract Arbitration Award

High Court Enables Enforcement of $6.6 Billion Contract Arbitration Award

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The powerful public interest in rigorous judicial enforcement of commercial arbitration decisions was, in a High Court case, sufficient to outweigh a foreign government’s plea that an award against it of almost $6.6 billion was hugely inflated and penal. The case concerned a gas supply