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NATIONAL IRANIAN OIL CO. v. ASHLAND OIL, INC.

No. 86-4486.

817 F.2d 326 (1987)

NATIONAL IRANIAN OIL COMPANY, Plaintiff-Appellant, v. ASHLAND OIL, INC., Defendant-Appellee.

United States Court of Appeals, Fifth Circuit.

Rehearing and Rehearing Denied June 22, 1987.

Attorney(s) appearing for the Case

Stephen M. Truitt, Washington, D.C., Jones & Davis, Alex A. Alston, Jr., Jackson, Miss., for plaintiff-appellant.

Wm. F. Goodman, Jr., Jackson, Miss., Howrey & Simon, Keith E. Pugh, Jr., Robert J. Brookhiser, Jr., Washington, D.C., for defendant-appellee.

Before CLARK, Chief Judge, GOLDBERG and GEE, Circuit Judges.

Rehearing and Rehearing En Banc Denied June 22, 1987.

GOLDBERG, Circuit Judge:

There was an oil company from Iran whose lawyers devised a neat plan: To arbitrate a dispute that Ashland's contract might refute, the Iranians to the land of cotton ran. But their clever arbitration plan was spoiled; by an Act of Congress, the district court said, it was foiled. So they take this...

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