NEW YORK (Reuters) - A U.S. appeals court on Wednesday ruled that $1.75 billion (1.02 billion pounds) in Iranian funds be turned over to families of the victims of the 1983 bombings of a Marine barracks in Beirut.
The 2nd U.S. Circuit Court of Appeals in New York affirmed U.S. District Judge Katherine Forrest’s 2013 ruling that the money, currently held in a New York Citibank account, should be given to the families to help satisfy a $2.65 billion default judgment they won against Iran in 2007.
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