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Leidos, Inc. v. Hellenic Republic
Case Number:
17-7082
Court:
Nature of Suit:
Companies
Sectors & Industries:
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February 02, 2018
€40M Award Wrongly Amended Post-Judgment: DC Circ.
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.
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September 28, 2017
Leidos Asks DC Circ. To Uphold $63M Award Against Greece
An American defense company urged the D.C. Circuit on Wednesday to uphold a $63 million award issued against Greece involving a contract dispute over a public safety system for the 2004 Olympic Games, arguing that a lower court correctly converted the award from euros to dollars to account for currency fluctuations.
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August 31, 2017
Greece Tells DC Circ. $63M Award Wrongly Turned To Dollars
Greece asked the D.C. Circuit on Tuesday to overturn part of a ruling enforcing a $63 million award issued to Leidos Inc. in a contract dispute over a public safety system for the 2004 Olympic Games, arguing the lower court abused its discretion when it converted the award from euros into dollars.