BREAKING: Banks Must Hand Over $315M In Sudan Bombing Suit, 2nd Circ. Says

Law360, Washington (September 23, 2015, 1:57 PM ET) — The Second Circuit ruled Wednesday that several banks must turn over Sudanese assets to satisfy a $315 million default judgment for victims who sued Sudan over the deadly 2000 bombing of a U.S. Navy destroyer, finding they properly served the country with the lawsuit.

Investigators examine the USS Cole at a Yemeni port in 2000 after an “explosive-laden skiff” detonated next to the hull, killing 17 sailors. (Credit: AP) The plaintiffs were not required to send a copy of their suit alleging Sudan supplied materials to…

Source: Law360

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