2nd Circ. Keen To Untangle $1.7B Iran Terror Asset Fight

By Pete Brush (May 27, 2020, 6:13 PM EDT) -- A Second Circuit panel looked ready Wednesday to quickly send families of U.S. soldiers killed in an Iran-backed bombing back to a Manhattan federal judge to collect $1.68 billion of Iranian assets held by European banking giant Clearstream, after Congress specifically authorized them to do so.

Circuit Judges Rosemary S. Pooler, Robert D. Sack and Raymond J. Lohier Jr., who saw their 2017 ruling in favor of plaintiffs including Deborah Peterson remanded by the U.S. Supreme Court in light the National Defense Authorization Act for Fiscal Year 2020, seemed inclined to skip complex questions of international comity that have gripped the...

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