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(Bloomberg) Christie Smythe - Arab Bank, Jordan's largest lender, lost a bid to avoid a U.S. trial in a lawsuit brought by terrorism victims who accuse it of supporting attacks in Israel. U.S. District Judge Nina Gershon in Brooklyn, New York, on Wednesday rejected the bank's request to throw out the case, sending it toward trial. The victims claim in their lawsuit that Arab Bank, based in Amman, "knowingly and purposefully supported" foreign terrorist organizations from 1995 to 2004 by providing financial support to terrorists, including administering payments to the families of Palestinian suicide bombers. A lead plaintiff in the case is Courtney Linde, whose husband, John Linde Jr., was killed Oct. 15, 2003, while guarding diplomats traveling in Gaza. The case, brought under the U.S. Anti-Terrorism Act, would cover claims brought by 296 people, including victims of 24 separate attacks and their family members.2013-04-26 00:00:00Full Article
Arab Bank Must Face Trial Over Terror Attacks, Judge Says
(Bloomberg) Christie Smythe - Arab Bank, Jordan's largest lender, lost a bid to avoid a U.S. trial in a lawsuit brought by terrorism victims who accuse it of supporting attacks in Israel. U.S. District Judge Nina Gershon in Brooklyn, New York, on Wednesday rejected the bank's request to throw out the case, sending it toward trial. The victims claim in their lawsuit that Arab Bank, based in Amman, "knowingly and purposefully supported" foreign terrorist organizations from 1995 to 2004 by providing financial support to terrorists, including administering payments to the families of Palestinian suicide bombers. A lead plaintiff in the case is Courtney Linde, whose husband, John Linde Jr., was killed Oct. 15, 2003, while guarding diplomats traveling in Gaza. The case, brought under the U.S. Anti-Terrorism Act, would cover claims brought by 296 people, including victims of 24 separate attacks and their family members.2013-04-26 00:00:00Full Article
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