We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

€40M Award Wrongly Amended Post-Judgment: DC Circ.

Law360 (February 2, 2018, 6:53 PM EST) -- An American security contractor that won confirmation of a €39.8 million arbitral award against Greece following a dispute stemming from the 2004 Olympics cannot benefit from the more favorable exchange rate in place when the award was issued, the D.C. Circuit ruled Friday, finding the contractor had "explicitly" requested a judgment in euros.

A three-judge panel concluded that a D.C. federal court, after confirming the award, had wrongly granted a request later filed by engineering and defense company Leidos Inc. that the court's judgment be converted to U.S. dollars...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Leidos, Inc. v. Hellenic Republic


Case Number

17-7082

Court

Appellate - DC Circuit

Nature of Suit

3890 Other Statutory Actions

Date Filed

May 22, 2017

Law Firms

Companies

Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.