Iran Terror Victims Call On DC Circ. To Release Bank Funds

Law360, Washington (September 24, 2013, 5:47 PM EDT) -- The families of U.S. Air Force personnel killed in a 1996 terrorist bombing urged the D.C. Circuit on Tuesday to order the release of several trade sanction-blocked assets linked to Iran to help satisfy $590 million in judgments, claiming the courts have unnecessarily stalled their relief.

Despite Congress passing the Foreign Sovereign Immunities Act and the Terrorism Risk Insurance Act, the families told the appellate court during Tuesday's oral arguments that the courts and executive branch have prevented them from seizing Iranian funds in Wells Fargo...
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