Letters Blogatory

The Blog of International Judicial Assistance | By Ted Folkman of Folkman LLC

Posts tagged “FSIA

Case of the Day: US v. Halkbank

Posted on November 3, 2020

The case of the day is United States v. Türkiye Halk Bankasi A.S. (S.D.N.Y. 2020). The government alleged that Halkbank conspired to help Iran evade US sanctions and to use Iranian money held in the bank to engage in transactions in the US banking system. The indictment included charges for conspiracy, bank fraud, and money laundering. Halkbank is an instrumentality of the Turkish state, and it sought dismissal of the indictment on the grounds that under the FSIA the court lacked jurisdiction.

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Case of the Day: TIG Insurance v. Argentina

Posted on September 8, 2020

The case of the day is TIG Insurance Co. v. Republic of Argentina (D.C. Cir. 2020). I last wrote about the case a year ago. Here was my description of the case from the prior post: TIG had an arbitral award against Argentina and a default judgment confirming the award that, with interest and penalties, was in the amount of $33.66 million. In 2018, Argentina decided to list real property in Washington for sale. The property had previously been used as a diplomatic residence but had fallen into disrepair. TIG moved for writs of attachment and execution, but Argentina immediately thereafter took the property off the market. The question was whether the property had immunity from execution under the FSIA.

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