Petronas units in Luxembourg seized again in $15 bln arbitration dispute

Petronas units in Luxembourg seized again in $15 bln arbitration dispute

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Luxembourg court bailiffs issued fresh seizure orders for two units of Malaysian state oil firm Petronas (PETR.UL) this week, following a bid by descendants of a former sultanate to enforce a $15-billion award they had won against Malaysia, according to the heirs' lawyer and court documents seen .…

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