2nd Circ. Revives Terror Victims’ Bid To Get $1.7B From Iran

Law360, New York (November 21, 2017, 6:50 PM EST) -- The Second Circuit on Tuesday revived a bid by families of the victims of the 1983 Beirut Marine Corps barracks bombing to collect $1.68 billion linked to Iran’s central bank, overturning an earlier decision that the money was beyond the reach of U.S. courts.

The federal appeals court ruled in a 72-page opinion that a lower court judge incorrectly ruled that around $1.68 billion in bonds that Bank Markazi, Iran’s central bank, held in a Luxembourg account were out of reach for the families of the...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Peterson v. Islamic Republic of Iran


Case Number

15-690

Court

Appellate - 2nd Circuit

Nature of Suit

3890 STATUTES-Other

Date Filed

March 6, 2015

Law Firms

Companies

Government Agencies

Judge Analytics

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.