Kuwait Airways has been cleared by a Jordanian court to seize money in accounts owned by Iraqi Airways thought to contain tens of millions of dollars.
The seizure follows a series of judgments in English courts that froze US$1.2 billion (Dh4.4bn) of the Iraqi airline's global assets. In a case that lasted two decades in the UK courts, Kuwait Airways won the compensation of 10 aeroplanes and spare parts as a result of Iraq's invasion of Kuwait in 1990.
Christopher Gooding, a partner at the Fasken Martineau law firm in London who has represented the Kuwaiti airline since 1990, said that after all attempts at negotiation had faltered, the only option was to locate and seize assets belonging to the state-owned Iraqi Airways and for the Iraqi state to satisfy the UK courts' judgments.
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