Terror Victims Can Sue Lebanese Bank In NY: State High Court

Law360, New York (November 20, 2012, 6:44 PM EST) -- A New York court can hear a lawsuit brought by several dozen victims of terrorist rocket fire in Israel alleging Lebanese Canadian Bank SAL enabled the attacks by financing Hezbollah through an American Express Bank Ltd. account, New York’s highest court ruled Tuesday.

In a unanimous ruling, New York’s State Court of Appeals said that Lebanese Canadian Bank’s use of an AmEx bank account to allegedly wire money to an organization linked to Hezbollah — a radical Islamic group in Lebanon — constituted a “transaction” under...
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