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Canada—Supreme Court confirms seizure order against Iraq (International Air Transport Association v Instrubel)

Published on: 23 December 2019
Published by: Law360
  • Canada—Supreme Court confirms seizure order against Iraq (International Air Transport Association v Instrubel)
  • What did the court decide?

Article summary

Law360: The Supreme Court of Canada has affirmed a ruling allowing a Dutch company to target Iraqi assets to enforce some CA$32m (US$24.39m) in arbitral awards for funds owed under a Saddam Hussein-era weapons deal, even though the funds are being held in a Swiss bank account. or take a trial to read the full analysis.

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