14 Mar 2017
Published in News

Article – United States v. $70,990,605: international forfeiture

Stefan Cassella of Asset Forfeiture Law, LLC comments on US v $70,990,605. Under Section 981(k), the holder of a foreign account has statutory standing to contest the forfeiture of a similar amount of money from his bank’s correspondent account in the U.S., but he still lacks Article III standing if his bank has released his money to him and he has therefore suffered no injury.