US COURT DISMISSES IRAN VICTIMS SUIT AGAINST TURKEY'S HALKBANK ON FORUM NON CONVIENS GROUNDS

 

 

 

A US District Court Judge in New York has conditionally dismissed the pending suit, filed by hundreds of victims of terrorist groups linked to Iran against Halkbank of Turkey. The Court based its decision upon the established doctrine of Forum Non Conviens  (inconvenient forum), noting that the action should be brought in Turkey. In a 36-page decision, the Court, first explaining that  $10bn in judgments against Iran  were obtained by default, as Iran did not defend them, went on to find that the factors of convenience, fairness and judicial economy all pointed towards the litigation being properly brought in Turkey.

Readers who must have more detail for research purposes may contact this blog to receive a copy of the District Court Opinion and Order. The style of the case is James Owens et al Turkiye Halk Bankasi A.S. a/k/a Halkbank,  Case No.: 1;20-CV-02648-DLC (SDNY). Our email for your request is: miamicompliance@gmail.com