Canada Can Be Sued Over Olympics Contract: DC Circ.

Law360, New York (April 7, 2010, 2:45 PM EDT) -- A federal appeals court has revived a charter cruise company's suit against the Canadian government over a CA$54 million ($53.7 million) contract to provide ships for the 2010 Winter Olympics in Vancouver, reversing a previous ruling that American courts lacked jurisdiction in the dispute.

The U.S. Court of Appeals for the District of Columbia Circuit ruled that the Canadian government, which generally would have diplomatic immunity, could be sued because its termination of the contract with Cruise Connections Charter Management 1 LP had a "direct effect"...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.