Kuwait wins seizure of IAC deal

30 August 2008

Kuwait Airways has obtained approval from the Superior Court in Montreal orders seizing the interests of Iraqi Airways (IAC) and the State of Iraq in the new Bombardier aircraft recently commissioned in a $5bn deal. The orders were made in support of earlier judgments handed down by the English High Court. The dispute between KAC and IAC, which commenced in 1990 following the invasion of Kuwait, has been the longest running commercial case in the history of the English Courts.

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