Press Releases
New York (February 9, 2018) – Today, the U.S. Court of Appeals for the Second Circuit technically reversed and remanded a judgment affirming the 2014 jury verdict in Brooklyn, N.Y. finding Arab Bank of Jordan civilly liable for knowingly providing material support to Hamas, a U.S.-designated Foreign Terrorist Organization. The decision formally displaces an April 2015 post-trial ruling by U.S. District Judge Brian M. Cogan which found no grounds to overturn the jury’s verdict concerning Arab Bank’s liability for 22 terrorist attacks between 2001 and 2003.
Gary M. Osen, managing partner at Osen LLC (www.osenlaw.com), the law firm that served as Plaintiffs’ lead attorneys of record, stated: “We would have liked a sweeping victory, but we’re still very satisfied with the result. The plaintiffs will receive meaningful and very substantial compensation for their injuries, and today’s decision doesn’t diminish the fact a jury found Arab Bank liable for knowingly supporting Hamas. For other victims of terrorism, this ruling makes clear that the Anti-Terrorism Act can still provide the justice and accountability they deserve.”
On June 24, 2016, Public Justice presented the 2016 Trial Lawyers of the Year Award to Osen LLC attorneys who spearheaded the landmark case Linde v. Arab Bank, PLC.
March 16, 2012 (KARLSRHUE, GERMANY): The German High Court (Bundesgerichtshof) issued its written opinion this morning confirming that Peter Sachs is the legal owner of his father’s stolen poster collection and that a German museum must return the collection to him.
Case Brought by Families of Murdered American Missionaries Against Chiquita for providing illegal payments and other support to Colombian Terrorist Group Can Go Forward, Federal Judge Rules. Federal District Judge Holds That Victims’ Allegations Support Aiding and Abetting Liability and Their Allegations Are Sufficient to State a Claim for Conspiracy Liability.
Oradell, NJ (July 17, 2009) In a landmark decision (BVerwG 5 C 33/07), the Federal Administrative Court (German High Court) decided on July 17, 2009, that shares owned by Jewish directors of the publicly traded Deutsche Kabelwerke and sold under duress as a result of Nazi era persecution, have to be compensated according to the proportional value of the company. The decision, which puts an end to a 17-year legal dispute has implications beyond the narrow facts of the Deutsche Kabelwerke case as it is the first decision issued by the High Court on this specific issue of compensation for "Aryanized" shareholdings.
In March 2008, Peter Sachs filed a lawsuit in the civil court (Landgericht) in Berlin, seeking the return of a poster originally owned by his father from the German Historical Museum in Berlin. The lawsuit represented the culmination of an unsuccessful three year effort by Mr. Sachs and Osen LLC to amicably resolve a case involving the theft of what many consider the largest and most significant poster collections in the world -- the Hans Sachs Collection.
Berlin, Germany (March 3, 2008)-- Peter Sachs, son of the famed poster collector Hans Sachs, files suit in the district court in Berlin asking for the return of Marlene Dietrich film poster held by the Deutsche Historiches Museum (DHM) in Berlin.
Oradell, NJ (October 26, 2005)-- In a significant victory for heirs of what is likely the largest fortune ever plundered by the Nazis, the German High Court in Leipzig, Germany, yesterday rejected the appeal of the German Corporation, KarstadtQuelle, and formally recognized the claims of heirs to the famed Wertheim Department store fortune.
NEW YORK, NY (September 2, 2005)-- In a sweeping 31-page opinion the Federal District Court for the Eastern District of New York today denied Arab Bank’s motions to dismiss the case of Linde v. Arab Bank, Plc and the related cases filed thereafter. The Court ruled that American victims of Palestinian terrorism since September 2000 can bring claims under the Anti-Terrorism Act against Arab Bank Plc, Jordan’s largest financial institution.
Berlin, Germany (March 4, 2005)-- A German court today upheld the Berlin Restitution Authority ruling that Nazi persecution was directed against the Wertheim family and rejected legal claims by German retail giant KarstadtQuelle AG that it was entitled to reconveyance of former Wertheim holdings in eastern Germany.
