Bennett v. Islamic Republic of Iran

ORDER DENYING MOTION TO DISMISS

CHARLES R. BREYER, District Judge.

This case involves an Iranian instrumentality that seeks to avoid payment to American victims of Iranian terrorist acts. Specifically, four groups of judgment creditors (“Plaintiffs”) who hold *835judgments against Iran seek to recover assets (“the Blocked Assets”) held by Third Party Plaintiffs Visa and Franklin.1 Those assets are owed to an Iranian instrumentality, Bank Melli, but have been blocked by executive orders issued by the President of the United States and blocking regulations issued by the United States Department of…