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JAM et al v. INTERNATIONAL FINANCE CORPORATION
Case Number:
1:15-cv-00612
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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January 15, 2020
Skepticism Greets Bid To Hold Lender Liable In India Damage
A D.C. federal judge seemed dubious about holding a private-sector lending arm of the World Bank solely accountable for environmental damages caused by a coal-fired power plant it financed in India, suggesting Wednesday that doing so would conflict with U.S. Supreme Court precedent.
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September 16, 2019
US Says World Bank Unit Can't Be Sued Over India Coal Plant
The United States has told a D.C. federal court that the Foreign Sovereign Immunities Act blocks a lawsuit by fishermen and other locals in India who accuse a World Bank Group unit of helping to finance an allegedly environmentally disastrous coal power plant nearby.