Norwegian Co. Allowed To Stay In Boeing $350M Contract Suit

Law360, Los Angeles (October 29, 2013, 7:49 PM EDT) -- A California federal judge on Monday denied attempts to dismiss breach-of-contract claims brought by a Norwegian investment company in Boeing Co.'s $350 million suit over a failed satellite-launching company, ruling a Swedish arbitration award in the dispute didn't preclude the claims.

U.S. District Judge Audrey B. Collins said the terms of the arbitration dispute didn't block Old Kvaerner Invest AS from joining Boeing's U.S. complaint as an intervening plaintiff because the arbitrator lacked the jurisdictional authority to evaluate the merits of Old Kvaerner's allegations.

Old Kvaerner...
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