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November 08, 2012

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The last line, while funny, doesn't make sense since the Ecuadorean government isn't the plaintiff in any of these cases.

That's true, but the Ecuadorean government will collect income taxes on the proceeds from the awards. With a 35% marginal tax rate, that's how I calculated the 35% × $333m = $117m figure.

got it, 10-4 good buddy

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