US Supreme Court considers bank's liability for attacks
The US Supreme Court heard arguments Wednesday in a case pitting the Arab Bank against victims of militant attacks that were allegedly enabled by the financial institution. At issue is whether the Alien Tort Statute (ATS), a law that gives American courts jurisdiction in civil lawsuits filed by foreign nationals over acts violating international law or US treaties, can be applied to the bank, and corporations in general. Some 6,000 plaintiffs who were victims of attacks in Israel, the West Bank and Gaza claim the bank violated international law and by allowing the transfer of money used to fund the violence to accounts held by leaders of Hamas, which the US considers a terrorist group.
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