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August 13, 2019       Share:    

Source: https://www.reuters.com/article/us-usa-iran-650-fifth-avenue/u-s-verdict-allowing-seizure-of-iran-linked-manhattan-skyscraper-is-overturned-idUSKCN1UZ1YL

Federal Court Overturns Ruling to Seize Iran-Linked Skyscraper in Manhattan

(Reuters) Jonathan Stempel - A jury verdict allowing the U.S. government to seize a Manhattan office tower that it said was effectively controlled by Iran was thrown out on Friday by a federal appeals court. The Department of Justice had hoped to sell the 36-story building at 650 Fifth Avenue for $1 billion and distribute proceeds to victims of bombings and other attacks linked to Iran.

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