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...
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