NEW YORK (Reuters) - A U.S. appeals court on Wednesday revived a lawsuit against BNP Paribas SA by alleged victims of a genocidal regime in Sudan, who sought to hold the French bank liable for aiding in the government's atrocities.
The 3-0 decision by the 2nd U.S. Circuit Court of Appeals in Manhattan came nearly five years after BNP Paribas agreed to plead guilty and pay an $8.97 billion penalty to settle U.S. charges it transferred billions of dollars for Sudanese, Iranian and Cuban entities subject to economic sanctions.