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Judge expected to rule soon in Bahia Emerald ownership case
Judge expected to rule soon in Bahia Emerald ownership case

The long and tortuous legal battle over the ownership of an 840-pound gem once valued at $372 million went to trial Thursday as the last group of active claimants to the Bahia Emerald told a Los Angeles judge that they had obtained the stone for the relatively meager sum of $1.3 million after a deal for diamonds fell through in 2008. The one-day trial took place despite demands by the Brazilian government earlier this year to dismiss the case outright or put it on hold while officials continued negotiations with the U.S. government to secure the emerald's return. A parade of gem traders, miners, real estate developers and financiers have laid claim to the emerald as the case has...

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