US court says Iraq not liable for end of Hussein oil contracts
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Iraq is not liable for the end of two oil-for-food contracts dating from the Saddam Hussein regime, a divided US federal appeals court ruled in a decision that could make it harder to pursue contract claims against countries asserting sovereign immunity.
The 9th US Circuit Court of Appeals in California said Iraq's current government deserves protection under the Foreign Sovereign Immunities Act of 1976 because the case did not involve "legally significant" US commercial activity. (Reuters)
