A U.S. appeals court on Tuesday upheld a decision confirming a $465 million judgment won through arbitration by a unit of KBR Inc in a contract dispute with Mexico’s national oil company, Pemex [PEMX.UL]. The 2nd U.S. Circuit Court of Appeals in New York let stand a decision confirming a $300 million arbitration award for KBR’s COMMISA unit in Mexico even though a Mexican court had nullified it, and upheld a lower court ruling that added $106 million to the judgment. The judgment also includes $59 million of interest, court papers show. It is unclear whether Pemex plans to make a further appeal. The company did not immediately respond to requests for comment. KBR Chief Executive Stuart Bradie in a statement said the engineering and construction company is pleased with the […]