$90M Damages Stand In Construction Cartel Verdict

Law360, New York (June 25, 2008, 12:00 AM EDT) -- A federal judge has upheld the $90 million in damages assessed to a group of American contractors charged with bid-rigging and overcharging the U.S. government for sewer construction projects in Egypt.

On Monday, Judge Royce C. Lamberth of the U.S. District Court for the District of Columbia refused virtually all of the defendants’ post-trial motions. The judge upheld last year's jury decision to award the government $34 million in damages, which the court trebled for a total liability in excess of $90 million, under the False...
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