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Federal Court Overturns Ruling to Seize Iran-Linked Skyscraper in Manhattan


(Reuters) Jonathan Stempel - A jury verdict allowing the U.S. government to seize a Manhattan office tower that it said was effectively controlled by Iran was thrown out on Friday by a federal appeals court. The Department of Justice had hoped to sell the 36-story building at 650 Fifth Avenue for $1 billion and distribute proceeds to victims of bombings and other attacks linked to Iran.
2019-08-13 00:00:00
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