Family Asks 2nd Circ. To Revive Coke Stolen Land Case

Law360, New York (November 17, 2011, 7:56 PM EST) -- A Jewish Egyptian family whose property was nationalized then later sold to Coca-Cola Co. on Thursday pressed the Second Circuit to reopen a lawsuit against the beverage seller, arguing Coke knew it was profiting from religious persecution.

The Bigio family, who fled Egypt after the Gamal Abdel Nasser regime in 1962 confiscated their land and business in a purported anti-Semitic purge, want a cut of an alleged “hundreds of millions of dollars” in profits Coke has made with their old property since it bought it in...
To view the full article, register now.