The bill amends section 772.13 of the Florida Statutes to enhance the enforcement of judgments against terrorist parties. It introduces specific provisions for postjudgment execution proceedings, allowing for actions against not only the terrorist parties named in the judgment but also any agencies or instrumentalities associated with them. Key changes include the removal of the right to a jury trial in these proceedings, restrictions on defendants who evade jurisdiction, and the ability for creditor processes to be served on any entity under the court's personal jurisdiction, regardless of the location of intangible assets.
Additionally, the bill clarifies that financial assets or security entitlements can be reached by creditors through legal processes, even if the assets are held by foreign entities. It also stipulates that blocked funds from electronic transfers related to terrorist parties are deemed owned by those parties and subject to execution and garnishment. The provisions of this act are retroactively applicable to any postjudgment execution proceedings, ensuring that they apply to cases pending or filed before, on, or after the effective date of the act.
Statutes affected: H 265 Filed: 772.13
H 265 c1: 772.13