On March 13, 2013, Arab Bank filed a letter in support of its pending motion for summary judgment in the Linde case, citing the Second Circuit Court of Appeals’ decision in Rothstein v. UBS. On February 14, 2013, the Second …
Posts By: MasterAdmin
Court finds UBS not liable in lawsuit by attack victims
Reuters
February 14, 2013
Nate Raymond
A U.S. appeals court refused Thursday to revive a lawsuit against UBS AG (UBSN.VX) by U.S. victims of Hamas and Hezbollah attacks in Israel who claimed the bank aided international terrorism.
The 2nd U.S. …
Appeals Court Dismisses Sanctions Challenge In Terror Financing Case
Wall Street Journal
January 18, 2013
Chad Bray
Three-and-a-half years ago, a federal judge in Brooklyn found herself in an rare situation in a long-running document dispute. She crafted a unique solution.
Arab Bank PLC, a Jordan-based financial institution, had …