Venezuela Seeks To Nix Shipbuilder's Suit Over $129M Award

Law360 (July 16, 2018, 4:28 PM EDT) -- Venezuela's defense ministry urged a D.C. federal court Friday to toss Huntington Ingalls Inc.'s action seeking to confirm a nearly $129 million award relating to a contract to refurbish two warships, asserting that the court lacks jurisdiction over the matter and that the award is unenforceable.

The ministry blasted Huntington's petition to confirm a February award stemming from the shipbuilder's claims that it was owed additional money for work it had done on the ships that wasn't covered in the $315 million contract price, pointing to several issues it says mean the award can't be enforced.

For one, the ministry argued,...

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