Private Iranian Claimants Booted From US Forfeiture Case

Law360, New York (August 27, 2013, 4:27 PM ET) -- Private Iranian groups who say they lost valuable assets to the Iranian government after the 1979 revolution have no claim to assets in a forfeiture action brought by the U.S. government against a Manhattan building and other assets, a federal judge in New York said Tuesday.

The Iranian claimants — known in the proceedings as the Djhanbani, Vahabzedeh, Khosrowshahi, and Khoshkish groups — assert that they were the owners of various property and assets in Iran prior to the revolution, that the government of Iran expropriated...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required