David Strachman obtains $10,000,000 attachment of Iranian assets
Posted By McIntyre Tate LLP
On behalf of the Jenny Rubin and other victims of a notorious 1997 Jerusalem terrorist attack, and teaming up with the wife of Iran's former prime minister and her counsel, McIntyre Tate LLP partner David Strachman recently obtained an attachment of almost $10,000,000 against the Iranian Ministry of Defense in federal court in San Diego. Having won a $150,000,000 judgment against Iran in 2003 from the U.S. District Court for the District of Columbia, the victims sought attachment of funds held by Cubic Defense Systems owed to Iran under an arbitration award related to the Shah of Iran's 1977 purchase of a an air combat maneuvering range system. Chief Judge Barry Moskowitz, in a 42 page decision found that "the Court finds that the Cubic [arbitration] Judgment is "property" that can be attached by the Rubin Lien Claimants, as holders of judgments under § 1605A based upon Iran's sponsorship of terrorist activities."