August 8, 2024

U.S. glass maker seeks to seize Venezuela-owned oil tanker to collect award, court papers show

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 U.S. glass manufacturer O-I Glass Inc is seeking to seize an oil tanker owned by Venezuela to collect part of a $500 million arbitration award it won after the 2010 expropriation of two manufacturing plants, according to a summons filed with a Singapore court seen by Reuters. By Luc Cohen, Marianna Parraga. Full Text-> Reuters

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