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Canadian Solar (CSIQ -2.7%) has been ordered by a Chinese arbitration commission to pay LDK...
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Thursday, December 13, 2012, 1:13 PM ETCanadian Solar (CSIQ -2.7%) has been ordered by a Chinese arbitration commission to pay LDK Solar (LDK -4.2%) RMB250.9M ($40.1M) to address purchase obligations related to a solar wafer supply contract. Numerous wafer supply contracts have been terminated due to slumping demand and crashing prices. (PR)
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