Claims Tribunal Ends Aircraft Co.’s Second Escrowed Funds Lawsuit

By Grace Dixon (May 13, 2022, 6:40 p.m. EDT) – The Federal Court of Claims has dismissed an $11 million lawsuit from an aircraft holding company alleging the feds withheld repayment of a deposit on a plane, finding that the lawsuit was responding to claims already ruled in August.

Judge Carolyn N. Lerner found on Thursday that claims made in September by Askan Holding Ltd., a holding company of now-defunct Transylvania International Airlines, mirrored those launched by the court earlier.

In both iterations, Askan challenged the Office of Foreign Asset Control’s use of emergency economic powers intended to combat global terrorism to prevent an Arizona airline from returning the company’s $915,960. holding…

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