Rule 19 and Continuing Litigation in Peterson v. Bank Markazi
Last November, the Second Circuit decided in Peterson v. Bank Markazi that Bank Markazi, Iran’s Central Bank, remained immune from suit under the Foreign Sovereign Immunity Act (FSIA) despite the enactment of 22 U.S.C. § 8772, which subjects certain Iranian assets to “execution or attachment” to satisfy judgments against Iran. The district court will now…
Continue ReadingSupreme Court CVSGs in Terrorism Case
On January 13, 2025, the Supreme Court called for the views of the Solicitor General in Borochov v. Islamic Republic of Iran. (This is commonly known as a “CVSG.”) The question presented is whether the Foreign Sovereign Immunities Act’s (FSIA) exception for state sponsors of terrorism, 28 U.S.C. § 1605A, extends to cases in which…
Continue ReadingSupreme Court Grants Cert in Fuld v. PLO
Today, the U.S. Supreme Court granted certiorari in Fuld v. Palestinian Liberation Organization to decide whether the Promoting Security and Justice for Victims of Terrorism Act (PSJVTA) violates the due process clause of the Fifth Amendment. For prior TLB coverage of Fuld, see here, here, here, here, and here. The PSJVTA purports to establish personal…
Continue ReadingDubai Court Weighs in on U.S.-Iran Sanctions
Subject to certain exceptions, current U.S. sanctions law prohibits U.S. persons from supplying goods, technology, or services to Iran or its government. Consistent with these laws, U.S. insurers and reinsurers often include in their policies a Sanctions Clause, specifying they will not pay out on policies if doing so would violate U.S. sanctions laws. Such…
Continue ReadingWhat Deference to the Executive in Halkbank Should Have Looked Like
As previously reported, the Second Circuit issued its opinion in United States v. Turkiye Halk Bankasi (Halkbank) on October 22, 2024, addressing the deference owed to the executive branch’s determination that Halkbank, a Turkish state-owned bank, is not immune from criminal prosecution for violating U.S. sanctions on Iran. Similar questions of deference to the executive…
Continue ReadingEleventh Circuit Reverses Helms-Burton Judgments
On October 22, 2024, the U.S. Court of Appeals for the Eleventh Circuit overturned judgments of more than $100 million each against four U.S.-based cruise lines under the 1996 Helms-Burton Act. The decision is another example of just how difficult it has been for plaintiffs to recover under the act since President Trump allowed suits…
Continue ReadingSecond Circuit Holds for the Government in Halkbank Remand
The U.S. Court of Appeals for the Second Circuit has issued its opinion in U.S. v. Turkiye Halk Bankasi (Halkbank) following the Supreme Court’s decision to remand the case for further consideration of common law immunity issues. The same panel of Second Circuit judges held for the government the first time it heard the case…
Continue ReadingJPMorgan Caught Up in U.S. Sanctions Against Russia
A recent dispute in U.S. federal court shows that efforts to isolate Russia through sanctions are seeping into the courts of both countries. As the economic and legal regimes of Russia and the United States drift further apart, both Russian and U.S. courts have become increasingly bold in flouting the orders of the other. This…
Continue ReadingTransnational Litigation at the Supreme Court, October Term 2024
Today is the first day of the Supreme Court’s October Term. This post briefly discusses four transnational litigation cases in which the Court has already granted cert, as well as several others that are in the pipeline and could be decided this Term. Readers can also consult our Supreme Court page. Cases in which the…
Continue ReadingInterlocutory Appeals and State Sponsors of Terrorism
In a decision only lawyers could love, the Second Circuit held on September 3, 2024, that it lacked appellate jurisdiction over an interlocutory appeal by the Republic of Sudan brought in a multidistrict litigation (MDL) arising out of the terrorist attacks of September 11, 2001. The key issue is when the state-sponsored terrorism exception to…
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