Iraq Wins $120m Appeal against Wye Oak

INA-  SOURCES

A US court has overturned a decision that had granted a military contractor more than $120 million in damages against the Republic of Iraq and the Iraqi Ministry of Defense.

The 2019 judgement would have reimbursed Wye Oak Technology for unpaid invoices relating to work done for the Iraqi Ministry of Defense.

Dale Stoffel, the President of Wye Oak Technology, was killed in mysterious circumstances twenty years ago while attempting to recover the debt.

In its ruling, the Appeals Court of the US District of Columbia said:

"Whatever the merits of the damages dispute, we cannot reach it. Iraq is immune from suit, so we have no jurisdiction. We accordingly reverse the district court's judgment and remand for dismissal of the case."

It continues:

"Iraq loses its immunity to this lawsuit only if its breach of contract caused a direct effect in the United States. It did not. Iraq was the center of Wye Oak's entire commercial relationship with the Ministry, and Iraq is where the breach's direct effects occurred. As a result, the district court lacked jurisdiction over this suit, and so its judgment is vacated, and the case remanded with instructions to dismiss."




SOURCE: raq-business news