April 01, 2026
A Luxembourg-based bank must turn over nearly $1.7 billion in Iranian assets to victims of terrorist attacks that a D.C. federal court previously connected to Tehran, a New York federal judge ruled Tuesday, saying the litigation can proceed despite the absence of Iran's central bank.
March 31, 2023
The International Court of Justice ruled that the U.S. government violated a decades-old treaty with Iran by allowing that country's assets to be seized and distributed to relatives of people killed in terrorist attacks that American leaders blame on Tehran.