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Dubai Deal OK’d by London High Court

London High Court Justice Nicholas Warren ruled that a deal to shift P&O port operations to a UAE-based company can move forward. Miami-based Eller & Co. filed suits in both Britain and the U.S. in an attempt to stop the deal from going forward. Eller claims that the shift of operations violates its contract with the subsidiary and will negatively affect its business. Critics claim the Bush Administration did not adequately assess the national security risks associated with the deal. The deal has already brewed a storm of controversy in the United States because of a number of lawmakers and critics.”]

Source: https://www.csoonline.com/article/2119577/dubai-deal-ok-d-by-london-high-court.html

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