Law360
August 26, 2013
Daniel Wilson
A New York federal judge on Friday cut Alien Tort Statute claims from several consolidated suits accusing Arab Bank PLC of aiding known terrorists, saying a recent U.S. Supreme Court decision had affirmed that ATS claims against corporations are barred within the Second Circuit.
According to U.S. District Judge Brian M. Cogan’s ruling, filed in the court docket, the high court’s April decision to uphold the Second Circuit’s 2010 Kiobel v. Royal Dutch Petroleum ruling — which found that corporations cannot be held liable under the ATS, a law designed to allow plaintiffs to use U.S. courts to bring international law claims — meant that the plaintiffs’ ATS claims over Arab Bank’s alleged provision of financial aid to terrorists had to be dismissed.
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