PetroSaudi Says $380M Award Feud Close To Resolution https://www.law360.com/banking/articles/1839670?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-05-22&read_main=1&nlsidx=0&nlaidx=4 By Caroline Simson A PetroSaudi unit and the Biden administration are nearing a settlement to resolve a bitter dispute over the proceeds of a nearly $380 million arbitral award allegedly tied to embezzled 1Malaysia Development Berhad funds, which the government has been looking to seize for years, the parties said Monday. Brief attached | Read full article » https://www.law360.com/banking/articles/1839670?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-05-22&read_more=1&nlsidx=0&nlaidx=4 | Save to https://www.law360.com/banking/articles/1839670?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-05-22&read_later=1&nlsidx=0&nlaidx=4