( June 16, 2023, 1:38 PM EDT) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel on June 15 affirmed a federal court’s confirmation of an arbitral award worth more than $392 million against a California oil company for withholding its contractually obligated share of a $1 billion International Centre for Settlement of Investment Disputes (ICSID) award against the Republic of Ecuador from another oil company, but vacated $166 million in prejudgment interest, citing the court’s failure to explain its interest calculations....