On May 8, 2013, the Bank filed a motion for reconsideration of the Court’s ruling to permit the plaintiffs to proceed to trial on their claims that the Bank provided financial services to Palestinian and Saudi charities and individuals that …
Posts By: MasterAdmin
Prevailing Law on Causation Standards
The prevailing opinion of federal courts is that tort claims require proof of “but-for” causation – that the plaintiff’s injury would not have occurred in the absence of the defendant’s behavior. The U.S. Supreme Court recently underscored this holding in …
Summary Judgment in Linde v. Arab Bank, PLC
On April 24, 2013, the Eastern District Court of New York issued a decision in the Linde case granting in part and denying in part Arab Bank’s motion for summary judgment. In her ruling, Judge Nina Gershon dismissed the plaintiffs’ …