US Decision in 25-Year Iran Case upholds Private Right of Action for Expropriation under Treaty of Amity
Article from: TDM 5 (2007), in Case Comments & Awards
Introduction
Last month [July], Judge Richard Leon of the U.S. District Court for the District of Columbia issued a decision on the last three remaining issues in the long-running case of McKesson Corp. v. Islamic Republic of Iran , Civ. Action No. 82-220 (RJL) (D.D.C. July 17, 2007), relating to claims by McKesson that Iran had expropriated McKesson's 31% shareholding in an Iranian dairy company ( Pak Dairy ) and had improperly withheld dividends; (i) was there a "come to the company" requirement that compelled McKesson to appear personally at the Iranian ...