LICENSE No. IA-2013-305758-1, LICENSE No. IA-2013-305758-2

Date issued: Oct. 22 2015

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TURBOFAC Commentary (1097 words)

Notes:

1) For general background on the litigation to which this item and several others in the Research System pertain, see Background Note re: United States v. Alavi Found. (In re 650 Fifth Ave. & Related Props.) and Related Cases. The following assumes familiarity with that background.

2) JUDICIAL ORDER AFFECTING BLOCKED PROPERTY WITHOUT PRIOR LICENSE - "VOID" ORDER CURED BY OFAC LICENSE


Compare LICENSE No. NPW-2013-304639-1, which is another license issued in connection with the same litigation that arose out of court order (pp. 7-17) that was, strictly speaking, presumably “null and void” when issued as an order effecting an unlicensed transfer of blocked property (here the rental income of the U.S. person entities, once it came into existence, would be blocked as property in which a blocked person had an interest that was within the...