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U.S. Supreme Court rejects Iran bank’s bid to avoid payout to attack victims

Posted by ipso facto @ 11:14 on April 20, 2016  

The U.S. Supreme Court on Wednesday ruled that almost $2 billion in frozen Iranian assets must be turned over to American families of people killed in the 1983 bombing of a U.S. Marine Corps barracks in Beirut and other attacks blamed on Iran.

The court’s 6-2 ruling dealt a setback to Iran’s central bank, finding that the U.S. Congress did not usurp the authority of American courts by passing a 2012 law stating that the frozen funds should go toward satisfying a $2.65 billion judgment won by the families against Iran in U.S. federal court in 2007.

cont. http://www.reuters.com/article/us-usa-court-iran-idUSKCN0XH1R6

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.