February 13, 2017
A New York federal judge denied a bid by sailors hurt in the terrorist bombing of the USS Cole to seize funds from a Sudanese bank on Friday, saying the bank is no longer owned by the country and calling their argument that U.S. sanctions still allow for its funds to be seized "unorthodox."
January 28, 2016
A cohort of banks led by Deutsche Bank argued Wednesday that the U.S. Supreme Court's refusal to hear two pertinent cases over wire transfers means that USS Cole bombing victims likely cannot access certain frozen funds to fulfill their $315 million judgment against Sudan.
August 05, 2014
Bank of New York Mellon and Deutsche Bank Trust Co. Americas each sought help Monday sorting out a $315 million judgment for victims of the USS Cole bombing, telling a New York federal judge that there are many competing claims on the Sudanese assets currently frozen at their banks and that other claimants may be ready to sue.