US court throws out suit against Arab bank for terror financing

February 9, 2018 16:58
Breaking news

Breaking news. (photo credit: JPOST STAFF)

NEW YORK - A US appeals court on Friday threw out a Sept. 2014 jury verdict finding Arab Bank Plc. liable for facilitating militant attacks linked to Hamas by handling its transactions, citing an error in the jury instructions.

The 2nd US Circuit Court of Appeals in Manhattan said the decision triggers a settlement agreement that Arab Bank has reached with plaintiffs, which was to take effect if the verdict by the Brooklyn jury were deemed void.

Related Content

Breaking news
June 19, 2018
Alarms to go off in Western Galilee on Tuesday as part of military drill