This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Halkbank petitions US Supreme Court again in sanctions violation case

( May 5, 2025, 21:34 GMT | Official Statement) -- MLex Summary: Turkish lender Halkbank has again petitioned the US Supreme Court for a writ of certiorari in its effort to throw out a criminal case alleging that it violated US sanctions by processing Iranian oil sales. The bank, which is majority state-owned, is appealing a US Court of Appeals for the Second Circuit decision that it isn't entitled to foreign sovereign immunity under common law. That portion of its case was remanded under a prior Supreme Court decision denying that the bank had immunity from criminal prosecution under the Foreign Sovereign Immunities Act.See attached file. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections