The court held that the complaint successfully alleged that "plaintiffs' injuries in bombings and rocket attacks conducted by Hizbollah and Hamas were fairly traceable to UBS's provision of U.S. currency to Iran," but that was not the same thing as "proximate cause."
Victims of Terror Cannot Sue Bank, Circuit Concludes
New York Law Journal
February 15, 2013
This article requires premium access
This article requires premium access to The New York Law Journal. Please sign in or subscribe to read the full text.