Three New York banks will have to release more than $300 million to satisfy a terrorism default judgment against the Republic of Sudan for supporting the 2000 attack on the U.S.S. Cole, a federal appeals court said Wednesday.

Sweeping aside the objections of Sudan, the U.S. Court of Appeals for the Second Circuit said the Republic has to pay for its role in the al Qaida attack that killed 17 U.S. Navy sailors and wounded 42 aboard the Cole as the ship refueled in the port of Aden in Yemen on Oct. 12, 2000.