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Court rejects Arab Bank's plea in terrorism suits

Monday - 6/30/2014, 10:51am  ET

WASHINGTON (AP) -- The Supreme Court has rejected an appeal to lift sanctions imposed by a judge on Arab Bank, PLC in lawsuits seeking to hold the bank partially responsible for terrorist acts in the Middle East.

The high court let stand a lower court ruling penalizing the Jordan-based bank for not turning over financial records. Survivors and relatives of victims of terrorist attacks in Israel, the West Bank and Gaza between 1995 and 2004 claim in lawsuits that the institution supported terror groups by providing financial services to them.

The bank said turning over the records would break the law in other countries.

But a judge imposed sanctions that would make it easier for the plaintiffs to prove their case and recover treble damages.

The case is Arab Bank v. Linde, 12-1485.


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