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Peterson v. Islamic Republic of Iran

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Case overview

Case Number:

15-690

Court:

Appellate - 2nd Circuit

Nature of Suit:

3890 STATUTES-Other

Companies

Sectors & Industries:

  1. June 22, 2020

    2nd Circ. Puts $1.7B Iran Terror Asset Case Back In NY Court

    The Second Circuit on Monday once again revived efforts by victims of a 1983 terrorist bombing to collect $1.68 billion in Iranian assets held by a Luxembourg bank, following legislation addressing foreign policy issues related to the case.

  2. May 27, 2020

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

    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.

  3. March 01, 2018

    2nd Circ. Stays Iran Terrorism Ruling For High Court Review

    The Second Circuit on Thursday granted Clearstream Banking SA's bid to stay the court's previous ruling allowing families of the American service members killed in the 1983 U.S. Marine Corps Beirut barracks bombing to pursue the bank for $1.68 billion linked to Iran, while Clearstream appeals the decision to the U.S. Supreme Court.

  4. February 26, 2018

    Beirut Victims' Kin Fight Bank's Bid To Stay Terrorism Case

    The families of the American service members killed in the 1983 U.S. Marine Corps barracks bombing in Beirut, Lebanon, have hit back at Clearstream Banking SA's bid to stay a ruling allowing them to pursue it for $1.68 billion linked to Iran while the bank considers a high court appeal, telling the Second Circuit that there was no legal basis for a stay.

  5. February 15, 2018

    EU Bank Seeks Pause In $1.68B Beirut Terror Victim Redress

    A Luxembourg bank has asked the Second Circuit to hold off on allowing families of victims of the 1983 Beirut U.S. Marine Corps barracks bombing to pursue $1.68 billion linked to Iran's central bank, saying it wants time to appeal the court's panel decision to the Supreme Court.

  6. January 09, 2018

    Beirut Victims' Kin Tell 2nd Circ. Not To Review Ruling

    Families of the victims of the 1983 Beirut Marine Corps barracks bombing urged the Second Circuit on Monday not to reconsider its decision to revive an avenue for them to potentially seize $1.68 billion linked to Iran's central bank, saying an appellate panel got it right last year when it ordered a lower court to take another look at whether they could access the funds.

  7. December 06, 2017

    EU Bank Tells 2nd Circ. Bomb Victims Can't Get Iran Bonds

    A Luxembourg bank Tuesday asked the Second Circuit for an en banc rehearing of a panel decision allowing families and victims of the 1983 Beirut Marine Corps barracks bombing to pursue $1.68 billion in damages, in the form of bonds held by the bank for Iran's central bank.

  8. November 21, 2017

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

    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.

  9. June 08, 2016

    Iran's $1.7B For Terror Suit Can Be Found In NY, 2nd Circ. Told

    Families of U.S. soldiers killed in a 1983 Lebanon bombing told the Second Circuit on Wednesday that financial giants including Luxembourg's Clearstream are playing a shell game with $1.68 billion in bond proceeds that belong to Iran, which is liable for funding the attack, and that discovery denied by a trial judge would show the money is in New York.

  10. October 27, 2015

    Iran Bank Can't Hide Assets In Bombing Case, 2nd Circ. Hears

    Iran's central bank should not be allowed to shield money sought by terrorism victims' families from the jurisdiction of American courts, lawyers for relatives of Americans killed in the 1983 U.S. Marine Corps barracks bombing in Beirut told the Second Circuit on Monday.

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