Iraqi Co. Can't Challenge $87M Trucking Contracts: DOD

Law360, Washington (January 20, 2012, 4:33 PM EST) -- The U.S Department of Defense and an Iraqi shipping contractor asked a Washington federal court Thursday for an exit from a shareholder's suit seeking to block their bid to renegotiate rates on $87 million worth of trucking contracts, saying the shareholder is not a party to the contracts.

Al-Sarh Al-Kabir Commercial Agencies & General Transport Ltd. is a minority shareholder in DOD contractor Al-Seqir Express Cargo Co. Ltd., which won two contracts for cargo shipping in Iraq in 2008 and 2009, with respective ceilings of $9...
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