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Linde v. Arab Bank PLC
Case Number:
16-2119
Court:
Nature of Suit:
Companies
Sectors & Industries:
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February 09, 2018
2nd Circ. Overturns $100M Arab Bank Terror Verdict
The Second Circuit on Friday overturned a $100 million jury verdict against Arab Bank PLC, finding jury instructions in the case alleging that it provided material support to Hamas and other militant groups were prejudicial against the bank, in a case the bank already settled.
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May 16, 2017
2nd Circ. Wants To See Arab Bank Hamas Terror Settlement
Two Second Circuit judges said Tuesday they would eyeball Arab Bank PLC's settlement with U.S. plaintiffs accusing the bank of funding Hamas terror, before addressing any legal question stemming from an Anti-Terrorism Act trial in Brooklyn and jury verdict against the Jordan-based lender.