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Iran Loses Manhattan Skyscraper To Terror Vics | |
2014-04-02 | |
[NYDailyNews] The Iranian companies that own a Midtown office tower worth more than $500 million must forfeit the building to people who successfully sued Iran for damages over terrorist attacks, including 9/11, a judge has ruled. In a written opinion Friday, Manhattan Federal Judge Katherine Forrest said the companies must hand over the building because they acted as fronts for the Iranian government and therefore "are" the government of Iran under certain federal laws. In a separate but related decision in September, Forrest said the feds have the right to seize the building, 650 Fifth Ave., partly due to money laundering acts.
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