U.S. Supreme Court to Iranian Bank: Pay up
on April 20, 2016
3 Comments
I guess I knew this case was percolating through the system, but I didn't pay much attention to it.
The Supreme Court upheld a law which paved the way for terror victims to recover damages from Iran. The Opinion is here.
The legal issue was not terrorism, but whether Congress exceeded its authority. Here's the opening of Justice Ginsburg's majority opinion:
A provision of the Iran Threat Reduction and Syria Human Rights Act of 2012, 22 U. S. C. §8772, makes available for postjudgment execution a set of assets held at a New York bank for Bank Markazi, the Central Bank of Iran. The assets would partially satisfy judgments gained in separate actions by over 1,000 victims of terrorist acts sponsored by Iran. The judgments remain unpaid. Section 8772 is an unusual statute: It designates a particular set of assets and renders them available to satisfy the liability and damages judgments underlying a onsolidated enforcement proceeding that the statute identifies by the District Court’s docket number. The question raised by petitioner Bank Markazi: Does §8772 violate the separation of powers by purporting to change the law for, and directing a particular result in, a single pending case? Section 8772, we hold, does not transgress constraints placed on Congress and the President by the Constitution....The NY Times describes the background, Supreme Court Rules Iran Bank Must Pay for Terrorist Attacks:






