Terror Victims Ask 2nd Circ. To Revive $650M AmEx Suit

Law360, New York (February 25, 2011, 2:25 PM EST) -- Victims of rocket fire in Israel sought Friday to revive a $650 million suit accusing American Express Bank Ltd. and another bank of aiding terrorists, arguing before the Second Circuit that it shouldn't have been tossed for jurisdiction reasons.

Robert J. Tolchin of the Berkman Law Office LLC told a panel of the U.S. Court of Appeals for the Second Circuit that American Express and Lebanese Canadian Bank SAL allowed for transfers of millions of dollars to groups allegedly associated with the Lebanese militant group Hezbollah,...
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