Turkish state lender Halkbank will be arraigned in a U.S. court next week to face a federal indictment for alleged evading Iran sanctions.
The bank was represented by the law firm of King & Spalding at a hearing Tuesday and attorneys said it agreed to appear at the proceedings.
Halkbank was charged in October with attempts to evade U.S. sanctions on Iran.
A court in early December denied Halkbank’s request to make a “special and limited appearance” to have the case dropped without having to formally participate in the proceedings.
District Court Judge Richard Berman asked King and Spalding