The Republic of Iraq cannot pursue damages against some 90 companies for allegedly conspiring with Saddam Hussein to corrupt and plunder the United Nations-administered oil-for-food program during the last years of the dictator’s regime, the U.S. Court of Appeals for the Second Circuit ruled Thursday.
A divided court held that racketeering claims against the companies were properly dismissed on the basis of in pari delicto—the principle by which a person who has participated equally in wrongdoing cannot recover damages from someone else who participated in the wrongdoing.
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