Thursday, July 6, 2017

CANADIAN APPEALS COURT AFFIRMS $1.7bn JUDGMENT AGAINST IRAN FOR TERRORIST ACTS IT SUPPORTED


 The Ontario Court of Appeals has affirmed the judgment of the Superior Court of Justice, regarding a $1.7bn claim against the Islamic Republic of Iran, filed by victims of Hamas and Hezbollah terrorist acts, and their heirs. The Court acting pursuant to the Justice for Victims of Terrorism Act (JVTA), rejected Iran's procedural arguments, including the diplomatic immunity of its seized assets. The style of the case is Tracy vs. Iran.

The plaintiff had already obtained final judgments, on the merits, against Iran, and were seeking to levy upon assets, namely real estate, and bank accounts, located in Canada.  Readers who wish to review the complete 60-page text of the Order, here.  The impact of the appellate decision: Foreign states are now liable in Canada for Terrorism.

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