& Spalding
US court grants Halkbank reprieve in sanctions case
A U.S. appeals court in Manhattan granted Turkish state lender Halkbank a temporary pause in its Iran sanctions evasion case.
The temporary stay in the case was granted on Feb. 3 to allow for the bank's requests to be heard by a three-judge panel.
The court said it would take up Halkbank's requests on an expedited basis.