WASHINGTON (AP) — The Supreme Court will hear an appeal from Iran’s central bank over a $1.75 billion judgment awarded to victims of terrorist attacks, including the 1983 bombing that killed 241 Marines in Lebanon.
The justices say they will reconsider an appeals court ruling that said the judgment against Bank Markazi could be distributed to several hundred victims and families of those killed or injured in attacks sponsored by the Iranian government.
The bank had argued that seizing the assets would conflict with treaty agreements between the U.S.and Iran. The money is in the custody or a court-appointed trustee after President Barack Obama in 2012 ordered Iranian assets blocked, including those of Bank Markazi.
Each family was expected to receive about $5 million after attorney fees.
- Posted October 02, 2015
- Tweet This | Share on Facebook
High court to hear Iranian bank appeal
headlines Macomb
headlines National
- Online shoppers find deals on the Temu app, but states say the trade-off is personal data
- Florida Bar reverses itself, says it is not investigating Lindsey Halligan
- Attorney indicted for trying to kill her husband of more than 25 years
- American Bar Association cites members’ needs in law firm intimidation hearing
- OpenAI sued for practicing law without a license
- Lindsey Halligan being investigated by the Florida Bar
