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Antiterrorism Act Terrorism Funding

Ballard Spahr LLP

Anti-Terrorism Act Liability Requires More than Mere Failures of Customer Due Diligence

Ballard Spahr LLP on

On September 25, 2019, the Southern District of New York dismissed a complaint brought by victims of rocket attacks in Israel perpetrated in 2006 by Hizbollah, operating in Lebanon. Kaplan v. Lebanese Canadian Bank, SAL, Civ....more

Akin Gump Strauss Hauer & Feld LLP

Supreme Court Forecloses Foreign Corporate Liability Under the Alien Tort Statute

• The Supreme Court in Jesner v. Arab Bank ruled 5-4 that suits against foreign corporations under the ATS are barred, answering a question left unresolved in Kiobel v. Royal Dutch Petroleum Co. • Although the decision...more

Ballard Spahr LLP

Weighing Corporate Liability under the Alien Tort Statute: What it Means for AML/CFT Controls

Ballard Spahr LLP on

The Supreme Court granted certiorari on April 3 to decide whether Jordan-based Arab Bank may be liable for claims including allegations that its New York branch processed transactions for known terrorists. While the central...more

Foley Hoag LLP - Global Business and Human...

Alien Tort Case Development: Still No Corporate Liability in the Second Circuit (At Least for Now)

On December 8, the Second Circuit Court of Appeals upheld the dismissal of plaintiffs’ claims in five consolidated cases against Arab Bank, PLC. Plaintiffs in each of the cases alleged that they, or their family members, had...more

Sheppard Mullin Richter & Hampton LLP

Accounts and Accountability: Arab Bank Found Liable for Transactions Under the Anti-Terrorism Act

On September 22, 2014, a Brooklyn jury found Arab Bank, Jordan’s largest lender, guilty of violating the U.S. Anti-Terrorism Act for providing financial services to individuals and entities linked to Hamas. Hamas is currently...more

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