Financial Crime Financial Crime

BSGR, Vale in talks over recognition of $2 billion arbitration award

By Richard Vanderford
  • 20 Feb 2020 15:28
  • 20 Feb 2020 15:46
BSG Resources is working to settle part of a $2 billion arbitration dispute with Vale over alleged bribes the company paid, a lawyer for BSGR said. 

BSGR and Vale are in discussions on an agreement that would allow a US court to formally recognize Vale's $2 billion arbitration win against BSGR

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