$54M Greek Award Dispute Doesn't Bar Enforcement, Co. Says

Law360 (April 4, 2019, 6:30 PM EDT) -- A U.S. defense company and Greece sparred in New York federal court on Wednesday over whether a pending challenge to a confirmed €47.9 million ($53.75 million) arbitral award against the European nation bars a ruling that would pave the way for the defense company to begin collecting the award.

Leidos Inc., which won the award following a dispute over a contract to provide a security system used during the 2004 Summer Olympics, had asked the court for a ruling concluding that a reasonable period of time had elapsed since a D.C. federal court had entered a €47.9 million judgment against Greece...

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New York Southern

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July 11, 2018

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