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UNITED STATES v. SPERRY CORP.

No. 88-952.

493 U.S. 52 (1989)

UNITED STATES v. SPERRY CORP. ET AL.

Supreme Court of United States.

Decided November 28, 1989

Attorney(s) appearing for the Case

Deputy Solicitor General Wallace argued the cause for the United States. With him on the briefs were Solicitor General Starr, Acting Solicitor General Bryson, Assistant Attorney General Bolton, Edwin S. Kneedler, David M. Cohen, Douglas N. Letter, and Abraham D. Sofaer.

John D. Seiver argued the cause for appellees. With him on the brief were Alan Raywid and Susan Paradise Baxter.*

JUSTICE WHITE delivered the opinion of the Court.

Section 502 of the Foreign Relations Authorization Act, Fiscal Years 1986 and 1987, 99 Stat. 438, note following 50 U. S. C. § 1701 (1982 ed., Supp. V), requires the Federal Reserve Bank of New York to deduct and pay into the United States Treasury a percentage of any award made by the Iran-United States Claims Tribunal in favor of an American claimant before remitting the award to the claimant. We are asked to...

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