BNP Paribas Fights $21M Sudan Refugee Verdict, Citing Swiss Law and Liability Limits

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Bank Seeks Immediate Appeal to the Second Circuit

In a separate Friday motion, BNP asked the court to certify the verdict for immediate appeal, arguing that the Second Circuit’s review would bring “vital guidance” on contested Swiss-law issues.

If the appellate court sides with BNP, it could end the litigation outright or streamline future cases; if it sides with the refugees, BNP says the appeal would expedite payment rather than delay it through years of additional proceedings.

Legal Teams

BNP Paribas is represented by:

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  • Barry H. Berke, Dani R. James, Michael Martinez, Matt Benjamin, David P. Salant of Gibson Dunn & Crutcher LLP

  • Carmine D. Boccuzzi Jr., Abena Mainoo of Cleary Gottlieb Steen & Hamilton LLP

The plaintiffs are represented by:

  • Kathryn Lee Boyd, David L. Hecht, Maxim Price, Michael Eggenberger, Kristen Nelson of Hecht Partners LLP

Counsel for BNP declined comment Monday; plaintiffs’ counsel did not respond.