BNP Paribas Appeals $21 Million Sudan Verdict Over Refugee Abuse Claims

1 articles · Updated · Bloomberg · May 22

BNP Paribas asked a federal appeals court to throw out a nearly $21 million verdict tied to claims it helped finance Sudan's regime despite US sanctions.
An October New York jury found the bank liable for harm to three Sudanese refugees, concluding it supported the dictatorship from 1997 to 2011 while widespread human rights abuses were committed.
The case was the first trial among thousands of US claims brought by refugees from Sudan, making the appeal a key test for the broader litigation against the French bank.

With a $21M verdict won, could 20,000 more refugees bring a banking giant to justice?

Can a new legal 'shield' protect a bank from its past role in funding a dictatorship?