Court of Appeals for the D.C. Circuit November 16, 2001, Nos. 00-7157 and 00-7263 (McKesson HBOC, Inc. v. Islamic Republic of Iran)

Opinion for the Court filed by Circuit Judge TATEL.

TATEL, Circuit Judge:

McKesson HBOC, Inc., an American corporation, owns a minority interest in an Iranian dairy. Following Iran’s 1979 Islamic Revolution, the dairy cut off the flow of capital and other material to McKesson, froze out McKesson’s board members, and stopped paying McKesson’s dividends.