French court unfreezes Iranian funds
Legal Topics | 2008/03/12 21:38

In a setback for terror victims, a French court lifted a freeze on Iranian state funds.

Victims of Iranian-sponsored attacks in Israel in 1995 and 1997 are suing Iran for compensation.

While the Paris Court of Appeal this week released the $117 million held in the Natexis Banques Populaire, it did not seek interest and court fees from the plaintiffs, their Paris-based attorney Christoph Martin Radtke told the JTA in a telephone interview.

The court told the attorneys to reapply for the Iranian funds once a decision is made on whether funds in the Iranian Central Bank may be confiscated to pay the damages in a U.S. court decision.

Federal judges in Washington ordered Iran to pay damages and interest of $87.5 million to 12 U.S. citizens injured in the two terrorist attacks in Israel. The U.S. courts determined that Iran was liable for the damages due to its sponsorship of Hamas, which orchestrated the attacks.

Radtke said the French court decided to release the Iranian funds because "the law that protects state accounts does not allow an exception for provisional seizure measures."

In January, Radtke in another Paris court sought the enforcement of the U.S. court judgments. He told JTA he hoped for a decision within a few months.

In an e-mail to the JTA, the plaintfffs' U.S.-based attorney, David Strachman of Rhode Island, said they "are really disappointed with the outcome" in the French court.



[PREV] [1] ..[2561][2562][2563][2564][2565][2566][2567][2568][2569].. [2608] [NEXT]
All
Headline Legal News
Legal Topics
Legal Business
Attorney News
Court News
Court Watch
Areas of Focus
Legal Interview
Opinions
Spain: Venezuelan spymaster loses..
Minnesota Supreme Court defers ru..
Australia’s High Court intervene..
Supreme Court hanging up phone, b..
Consumer Protection Law Attorney ..
Court rules Catholic school wrong..
Maryland’s highest court reviewi..
Judge blocks photography ban in G..
Consumer Protection Law Attorney ..
Judge tells prison to seize Nassa..
US moves to cut backlog of asylum..
Holocaust researchers in Poland w..
Federal judge leaves CDC eviction..
Trusted Advisors – Brownlie Hans..
Court tosses ruling against Penns..
Order: Mississippi judges have di..
Starting Up: The Balanced Approach
West African court to rule on Ven..
Biden’s new evictions moratorium..
Men ordered to pay back $2.4M in ..




St. Louis Missouri Criminal Defense Lawyer
St. Charles DUI Attorney
www.lynchlawonline.com
Chicago Truck Drivers Lawyer
Chicago Workers' Comp Attorneys
www.krol-law.com
Bar Association Website Design
Bar Association Member Management
www.lawpromo.com
Indianapolis, IN Personal Injury Law Firm
Indian Personal Injury Attorneys
www.williamspiatt.com
New York Dental Malpractice Attorney
DUI Lawyer
dentalmalpracticenewyork.com
San Francisco Trademark Lawyer
San Francisco Copyright Lawyer
www.onulawfirm.com
Lorain Elyria Divorce Lawyer
www.loraindivorceattorney.com
Surry County Criminal Defense Lawyers
Yadkin County Family Law Attorneys
www.dirussolaw.com
Connecticut Special Education Lawyer
www.fortelawgroup.com
Oak Lawn IL bankruptcy attorneys
credit card debt lawyer
bankruptcylawchicago.com
   Legal Resource
Headline Legal News for You to Reach America's Best Legal Professionals. The latest legal news and information - Law Firm, Lawyer and Legal Professional news in the Media.
 
 
 
Copyright © ClickTheLaw.com. All Rights Reserved. Legal Marketing Blog. The content contained on the web site has been prepared by Click The Law. as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. By using the www.clickthelaw.com you agree to be bound by these Terms & Conditions.

Affordable Legal Web Designby Law Promo