WASHINGTON, Jan 17 - U.S. Supreme Court justices on Tuesday grappled with thorny questions of sovereign immunity as they weighed a bid by Turkey's state-owned lender Halkbank
The case tests Halkbank's contention that it is shielded from prosecution because, as an entity majority owned by the Turkish government, it should enjoy the same legal protections as Turkey. Sovereign immunity generally protects countries from facing legal action in another country's courts. Halkbank, charged in New York in 2019, has pleaded not guilty to bank fraud, money laundering and conspiracy charges over its alleged use of money servicers and front companies in Iran, Turkey and the United Arab Emirates to evade U.S. sanctions.
Liberal Justice Sonia Sotomayor cautioned against giving federal or state prosecutors "the right to insult another nation by giving them this unbridled power to initiate suits." The bank said its view is backed up by a 1976 U.S. law called the Foreign Sovereign Immunities Act that limits the jurisdiction of American courts over lawsuits against foreign countries. President Joe Biden's administration contends that the law does not apply to criminal prosecutions and, even if it did, the bank's actions fall under the law's exception to sovereign immunity for misconduct involving commercial activities.callingU.S.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Supreme Court weighs criminal charges against Turkish bank over violations of Iranian sanctionsA Turkish bank accused of flouting U.S. sanctions against Iran argued Tuesday before the Supreme Court that it is shielded from American legal challenges because it is operated by a foreign sovereign. Seize all of their US Assets
Source: WashTimes - 🏆 235. / 63 Read more »
Inside Brazil’s Supreme Court, conservation teams pick up the piecesAuthorities are trying to salvage historic artwork and furniture after rioters attacked government buildings on Jan. 8. ? At 72 years old, this kindergarten teacher is a terrorist! 🤔🤔🤔
Source: washingtonpost - 🏆 95. / 72 Read more »
Supreme Court's Alito and Thomas warn new gun control law raises 'serious' 2A questionsTwo of the Supreme Court's most conservative justices warned this week that New York's concealed carry restrictions law raises 'serious' constitutional questions ahead of arguments in four Second Amendment-related challenges at the federal appeals court level. This means challenge it now, win the case! Do it Republicans, stand up for the US Constitution TracieJames777 There's an army on the dance floor It's a fashion with a gun, my love In a room without a door A kiss is not enough in Love my way, it's a new road I follow where my mind goes They'd put us on a railroad They'd dearly make us pay For laughing in their faces And making it our way
Source: dcexaminer - 🏆 6. / 94 Read more »
Supreme Court rejects Missouri challenge to tax cut rule in COVID aid packageThe Supreme Court turned away a legal battle brought by the state of Missouri over a measure in the $1.9 trillion COVID-19 aid package that prohibited states from using economic relief money awarded to them to offset tax cuts. Wow. They did something smart You are non worthy news organization. A useless tool If you misuse COVID funds you must return! Sure republicans are looking for reason to defraud government but Yellen should continue to fight for retrieval of funds!
Source: CBSNews - 🏆 87. / 68 Read more »
Supreme Court rejects appeal on use of COVID aid for tax cutsWASHINGTON — The U.S. Supreme Court turned away a Missouri appeal that sought to ensure states can cut taxes even as they receive $195 billion in federal pandemic relief money.
Source: mercnews - 🏆 88. / 68 Read more »
U.K. government to veto Scotland’s gender self-recognition lawThe UK government says it will block a new law that makes it easier for people in Scotland to legally change their gender. What’s the point of having genders or sexes if we can just change them? ZERO legit reason to 'veto' this bill. ZERO legit reason for people to continue actively working to make life more difficult for gender diverse folk... I hope Scotland challenges this or at least rewrites the law in a better way and tries again Sick
Source: NBCNews - 🏆 10. / 86 Read more »