CREDIT LYONNAIS SA

MM~LAW is co-counsel with other US law firms on behalf of American victims of terrorist attacks perpetrated by Hamas in Israel. The suits allege that Credit Lyonnais SA knowingly provided material support and financial services to an entity in France which was designated by the United States, under Executive Order 13224, as Specially Designated Global Terrorist. Despite the designation, Credit Lyonnais SA continued to provide banking services, including converting currencies to US dollars and easing transfer of funds to Hamas entities in Gaza and the West Bank, in violation of the US Anti-Terrorism Act. Following completion of discovery, Defendant moved for summary judgment to dismiss the Complaint. On 28 February 2013 the court denied the Summary Judgment motion in large part - ordering claims based on fourteen attacks to proceed to trial. 

Additionally, on 16 July 2013 by consent of the parties, the Court reinstated the claims of the Wolf and Strauss plaintiffs, that were previously dismissed as time-barred, pursuant to the amended National Defense Authorization Act for Fiscal Year 2013 (NDAA). The amended NDAA revised the Statute of Limitations for bringing a claim under the US Anti-Terrorism Act from four years to ten years.