United States Second Circuit
Peterson v. Islamic Republic of Iran, 13-2952
The district court's order awarding turnover of $1.75 billion in assets under both the Terrorism Risk Insurance Act of 2002 (TRIA) and a statute enacted specifically to address the assets at issue in this case, 22 U.S.C. section 8772, to satisfy terrorism‐related judgments against Iran, is affirmed, where: 1) Iran concedes that the statutory elements for turnover of the assets under section 8772 have been satisfied; 2) section 8772 does not conflict with the Treaty of Amity between the United States and Iran, does not violate separation of powers, and does not effect an unconstitutional taking; and 3) the district court did not abuse its discretion in issuing an anti‐suit injunction to protect its judgment.
Appellate Information
- Decided 07/09/2014
- Published 07/09/2014
Judges
- WALKER
Court
- United States Second Circuit