Brazil's Embraer files arbitration proceedings against Boeing after deal collapse
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SAO PAULO (Reuters) - Brazil's Embraer SA has already begun an arbitration process against Boeing Co , its CEO said on Monday, after the U.S. planemaker cancelled a $4.2 billion deal overnight. Embraer Chief Executive Francisco Gomes Neto declined to provide more details on the process and if it will be accompanied by a lawsuit in either a Brazilian or a U.S. court.