PetroSaudi Says US Not Entitled To All Of $380M Award <https://www.law360.com/banking/articles/1887604?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-10-09&read_main=1&nlsidx=0&nlaidx=6>
By Joyce Hanson A PetroSaudi unit said it wants a California federal court to make clear that only 5% of funds should go to the Biden administration in a dispute over the proceeds of a nearly $380 million arbitral award allegedly tied to embezzled 1Malaysia Development Berhad funds. Brief attached | Read full article » <https://www.law360.com/banking/articles/1887604?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-10-09&read_more=1&nlsidx=0&nlaidx=6> | Save to favorites » <https://www.law360.com/banking/articles/1887604?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-10-09&read_later=1&nlsidx=0&nlaidx=6>
