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Supreme Court rules against Iranian bank over frozen assets

Supreme Court rules against Iranian bank over frozen assets

The Supreme Court rejected an appeal from Iran's central bank Wednesday and cleared the way for nearly $2 billion of its frozen assets to be turned over to American families whose loved ones were victims of terror attacks.

The case brought together the Obama administration and the Republican-led Congress, as well as most justices on the high court.

Federal law usually bars lawsuits against foreign governments, but makes an exception for terrorism cases. Even so, plaintiffs who win such claims have a hard time collecting judgments.

More than 1,000 U.S. plaintiffs had won claims against Iran, most of them for injuries suffered in the 1983 bombing of the U.S. Marine...

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