Supreme Court won’t save Arab Bank from terror trial

Fortune
July 1, 2014
Roger Parloff

The largest financial institution in Jordan—a nation the State Department terms an “invaluable partner” in the war on terror—faces a billion-dollar civil jury trial for allegedly financing terror attacks in Israel, Gaza, and the West Bank.

Yesterday the U.S. Supreme Court refused to hear an appeal by Arab Bank, Jordan’s largest financial institution, forcing it to defend itself next month before a Brooklyn federal jury in a private, treble-damages civil suit for alleged terror financing.

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