9th Circuit Won’t Rehear Saudi Heirs’ Appeal In $18B Oil Rights Fight

Mealey's (November 17, 2021, 12:44 PM EST) -- SAN FRANCISCO — The Ninth Circuit U.S. Court of Appeals on Nov. 16 denied a petition for panel or en banc rehearing of a group of heirs of Saudi Arabian sheikhs’ challenge to the denial of their petition to confirm an $18 billion arbitral award against an oil company, one day after appointing a special master to evaluate whether the heirs’ attorney should be sanctioned for submitting an allegedly “fabricated” news article to the court....

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