Law360, New York (September 22, 2014, 4:39 PM EDT) -- A New York jury on Monday found Arab Bank PLC liable for knowingly supporting terrorism, a landmark ruling in the first civil trial ever to be brought against a bank under the Anti-Terrorism Act, finding the Jordanian lender provided financial services to the Palestinian Islamist group Hamas.
Following a more than five-week trial in Brooklyn, the jury found Arab Bank liable for 24 separate attacks purportedly committed by Hamas during a roughly four-year Palestinian uprising in the early 2000s against the Israeli occupation of the West Bank and Gaza known as the Second Intifada. The attacks included suicide bombings on buses,...
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