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Turkiye Halk Bankasi A.S., aka Halkbank, Petitioner v. United States

  1. February 28, 2024

    Halkbank Immunity Gambit Doesn't Appear To Sway 2nd Circ.

    The Second Circuit did not appear keen Wednesday to dismiss criminal charges accusing Halkbank of laundering over $1 billion of Iran oil proceeds, after the U.S. Supreme Court directed arguments on the Turkish state-owned lender's assertion that common-law sovereign immunity protects it.

  2. April 19, 2023

    Halkbank Not Immune From Prosecution, Justices Say

    The U.S. Supreme Court ruled Wednesday that Turkey's state-owned lender, Halkbank, cannot duck criminal charges alleging that it helped Iran evade American sanctions, rejecting the bank's appeal for immunity but directing the Second Circuit to revisit a portion of the case.

  3. January 17, 2023

    Halkbank Prosecution Holds 'Cataclysmic' Risk, Justices Told

    The U.S. Supreme Court wrestled on Tuesday with a question of whether the federal government may press criminal charges against entities owned by foreign nations, with several justices suggesting they could remand the suit for a closer look at immunity relief.

  4. January 13, 2023

    Up Next At High Court: Turkish Bank Fights Criminal Charges

    This week, the U.S. Supreme Court will hear a dry procedural question that could make or break the hopes of many immigrants fighting removal from the country, as well as a state-owned Turkish bank's attempt to use sovereign immunity to defeat criminal charges from U.S. prosecutors.

  5. December 15, 2022

    Turkish Bank Not Owed Immunity, Feds Tell High Court

    Federal authorities say Turkey's state-owned lender, Halkbank, cannot duck a slate of criminal charges alleging the bank helped Iran evade U.S. sanctions, telling the U.S. Supreme Court that it would be "unprecedented" to allow Halkbank to avoid prosecution over its ties to Ankara.

  6. November 22, 2022

    Turkey-Owned Bank Immune From Prosecution, Justices Told

    Turkey says the state-owned lender Halkbank cannot face federal charges over allegations that it helped Iran evade U.S. sanctions, telling the U.S. Supreme Court that the case against the financial institution is a "demeaning move" for eschewing the principle of state immunity from prosecution.

  7. October 03, 2022

    High Court Agrees To Hear Halkbank Sanctions Fight

    The U.S. Supreme Court on Monday agreed to consider whether Turkey's state-backed lender Halkbank is immune from prosecution for allegedly helping Iran evade U.S. sanctions, almost a year after the Second Circuit held that the bank must face charges over a purported multibillion-dollar money laundering and fraud scheme implicating top Turkish officials.

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