In the United States, a class action suit against Lebanese financial institutions on behalf of depositors alleges financial misconduct and violations of federal racketeering laws while a U.K. suit filed against BP alleges health damages caused by flaring practices.
May 02, 2024 at 07:26 PM
5 minute read
The original version of this story was published on Law.com International
Two lawsuits seeking financial and environmental accountability in the Middle East could, if successful, result in groundbreaking rulings against large corporations.
In the first case, U.S. law firms have filed a class action suit on behalf of Lebanese depositors residing in the United States against Lebanon’s banking sector for alleged financial misconduct.
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