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Foremost-McKesson v. Iran
McKesson Corporation
Winston & Strawn obtained an appellate victory for McKesson Corporation in what may be the longest and most procedurally complex international dispute ever to wind its way through the federal courts. In 1986 McKesson prevailed in arbitration stemming from the indirect expropriation of its investment in the largest private dairy company in Iran and collected on all of its claims except the largest. Twenty-six years later, after six appeals by Iran, and several unsuccessful Iranian requests for review by the Supreme Court, McKesson has won its remaining expropriation claim, receiving $11.2 million in attorneys' fees on top of the $30 million damages award.
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Acquisition of A123 Systems’ Assets
Navitas Systems
Representation of Navitas Systems LLC in connection with the acquisition out of bankruptcy of substantially all of the assets of A123 Systems’ former Ann Arbor, Michigan-based government business, including U.S. military contracts.
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Spyridon Roussalis v. Romania
Government of Romania
Winston & Strawn represented Romania in this case that resulted in an International Centre for Settlement of Investment Disputes award of $8.3 million in legal fees and arbitration costs. The claimant had brought various charges related to an investment in a large frozen food warehousing facility from the Romanian government's privatization authority.
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