Doing business in Iraq is dangerous by any measure. But as a recent suit shows, companies working for the Iraqi government face an added risk: They might not get paid.
On July 20, Wye Oak Technology Inc. filed a $25 million breach-of-contract suit against the Iraqi Ministry of Defense in the U.S. District Court for the Eastern District of Virginia. Wye Oak, which is based in Monongahela, Pennsylvania, was hired by the ministry in 2004 for a range of projects, including refurbishing the Iraqi army’s Soviet-era tanks and collecting tons of scrap metal for resale.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
