SAIC's Revived $42M Award In Greek Contract Row Gets OK

Law360, New York (January 5, 2017, 5:42 PM EST) -- A D.C. federal judge on Thursday confirmed a recently revived €39.8 million ($42.2 million) arbitral award issued to Science Applications International Corp. following a contract dispute with Greece over a public safety system, despite the country’s argument that certain issues remain unresolved.

The International Chamber of Commerce award had been annulled by the Athens Court of Appeals in June 2014, but awardee SAIC convinced the Greek Supreme Court in September to reinstate the award. Last month, Greece told U.S. District Judge Gladys Kessler that she should...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION v. HELLENIC REPUBLIC


Case Number

1:13-cv-01070

Court

District Of Columbia

Nature of Suit

Other Statutory Actions

Judge

Gladys Kessler

Date Filed

July 12, 2013

Law Firms

Companies

Government Agencies

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.