Sign In
Events
Newsletters
Search

Close

Close Search

Cancel

SEARCH
MY LAW.COMNEW

OSullivan v. Deutsche Bank AG

Anti-Terrorism Act Plaintiffs Fail to Allege Financial Firms May Be Liable for Injuries

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

OPINION AND ORDER  This case has been brought on behalf of members of the U.S. armed services who served in Iraq from 2003 through 2011 and were injured or killed by terrorist groups financially supported by Iran. The defendants are a number of financial institutions who are alleged to have violated laws imposing sanctions against Iran. Defendants have moved for a stay of discovery pending resolution of their motions to dismiss.1 For the reasons set forth below, the motion for a stay is granted. I. BACKGROUNDA. ComplaintThis case is brought under the Anti-Terrorism Act, 18 U.S.C. §2333 (“ATA”), as amended by the Justice Against Sponsors of Terrorism Act, Pub. L. No. 114-222, 130 Stat. 852 (2016) (“JASTA”). The crux of plaintiffs’ complaint is that the defendants provided financial services to the government of Iran or groups and entities affiliated with Iran (referred to throughout the complaint as Iran’s “Agents and Proxies”) in violation of sanctions imposed on Iran, and thereby helped Iran fund the terrorist organizations that carried out the attacks in which the plaintiffs were harmed. See Complaint, filed Nov. 9, 2017 (Docket # 1) (“Compl.”),

1-67. Since 1984, the United States has designated Iran as a “State Sponsor of Terrorism” and has implemented a variety of economic sanctions against Iran in response to Iran’s material and financial support of terrorist groups. See id.

Trending Stories

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

LEARN MORE

More From ALM

Premium Subscription
With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now
Team Accounts
Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now
Bundle Subscriptions
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now
Go to CLE Center
New York Legal Awards 2024
September 05, 2024
New York, NY

The New York Law Journal honors attorneys and judges who have made a remarkable difference in the legal profession in New York.


Learn More
Middle East Legal Awards 2024
April 25, 2024
Dubai

Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.


Learn More
BenefitsPRO Broker Expo 2024
April 29, 2024 - May 01, 2024
Aurora, CO

The premier educational and networking event for employee benefits brokers and agents.


Learn More
Go to Events Go to Webcasts
Legal Writing & Research Professional

Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...


Apply Now ›
Labor & Employment Associate CT

Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...


Apply Now ›
Associate General Counsel

Evergreen Trading is a media investment firm headquartered in NYC. We help brands achieve their goals by leveraging their unwanted assets to...


Apply Now ›
Go to Lawjobs
MELICK & PORTER, LLP
04/15/2024
Connecticut Law Tribune

MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS


View Announcement ›
Apruzzese, McDermott, Mastro & Murphy, P.C.
04/11/2024
New Jersey Law Journal

Professional Announcement


View Announcement ›
Robbins Alloy Belinfante Littlefield
04/08/2024
Daily Report

Daily Report 1/2 Page Professional Announcement 60 Days


View Announcement ›
Go to Professional Announcements