Bergerco Canada v. United States Treasury Department, Office of Foreign Assets Control
Court of Appeals for the D.C. Circuit
1Opinion of the Court
Opinion for the Court filed by Circuit Judge STEPHEN F. WILLIAMS.
STEPHEN F. WILLIAMS, Circuit Judge:
Bergerco Canada (“Bergerco”) applied for a license to allow it to collect payment on a debt from frozen Iraqi assets, under a set of rules that gave it a very good chance of securing the license. The licensing agency— the Office of Foreign Assets Control (“OFAC”), a unit of the United States Treasury Department — then changed the rules, so that Bergerco had no chance whatever. Bergerco says that the new rule — or, more precisely, OFAC’s application of the new rule to its pending submission —…
2Cases cited12 opinions
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