Hamas Victims Can't Get Alleged Funder's Assets: 5th Circ.

Law360, New York (June 26, 2013, 9:13 PM EDT) -- The Fifth Circuit ruled Wednesday that victims of a Jerusalem terrorist attack who won a $214.5 million judgment against Palestinian organization Hamas cannot recover assets from its alleged U.S.-based fundraising arm because the assets were restrained by the U.S. government for criminal forfeiture proceedings.

A lower court had ruled the Terrorism Risk Insurance Act allowed Jenny Rubin and members of her family to execute their interests against the now-defunct Holy Land Foundation for Relief and Development, but the Fifth Circuit reversed the ruling, saying a forfeiture...
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