High Court Urged Not To Take Terrorism Insurance Case

Law360, New York (May 29, 2012, 3:37 PM EDT) -- The U.S. solicitor general on Thursday told the U.S. Supreme Court that the family of an American killed in a Hamas attack is entitled to property from Iran's national bank under the Terrorism Risk Insurance Act, and urged the court to nix the bank's certiorari petition.

U.S. Solicitor General Donald Verrilli Jr. recommended the court decline a petition for writ of certiorari filed by Bank Melli Iran, a state-owned Iranian bank, challenging the appointment of a receiver to sell its property in Queens, N.Y., on behalf...
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