Friday, March 23, 2018

Time is Running Out for Iraq War Veterans to File U.S. Anti-Terrorism Lawsuits

What are the Applicable Statutes of Limitations for Iraq War Explosion Injury Lawsuits?

March 23, 2018 - Thousands of American soldiers had died in the Iraqi War as of Memorial Day, 2017, as our troops continue to fight against Iraqi extremist groups. The number of deaths does not include American civilian contractors who were killed in the Global Wars on Terrorism from 2001 to today. Iran has held the dubious position as the foremost state sponsor of terrorism for more than a decade, providing arms and cash to terrorist groups such as Hezbollah, Iraqi Shi, and Kata’ib Hizballah. In fact, along with Sudan and Syria, Iran has continuously been designated a top sponsor of terrorism, and, despite the fact that sanctions were imposed on Iran by the U.S. for violations of our Anti-Terrorism Act, Iran continues to circumvent the rules.

While most Americans are aware of Iran’s part in the deaths and injuries to American soldiers and contractors, what many may not realize is the part some global banks played in the issue. In direct violation of the U.S. Anti-Terrorism Act, several banks allowed greed to control their actions, providing Iran with cash, and using an elaborate cover-up to keep the U.S. from finding out. Terrorism is impossible to fund without cash, and Iran used the cash provided by these banks to train, fund and arm terrorist groups across Iraq, as well as to sponsor terrorist groups whose only purpose was to kill as many American soldiers as possible. Iran is also the exclusive manufacturer of EFPs (explosively-formed penetrators), as well as other rockets and munitions which have been the leading cause of injury and death to U.S. and Coalition Forces. 

Global Banks Responsible for Helping Iran, a Known Sponsor of Terrorism The aforementioned banks include Commerzbank A.G., Barclays PLC, BNP Paribas, HSBC Holding Group PLC, Standard Chartered Bank and Credit Suisse. All these banks pled guilty to violating U.S. sanctions against Sudan, Cuba and Iran; in return for billions of fines, the United States agreed to delay criminal prosecution—meaning criminal prosecution is unlikely to ever be pursued. BNP Paribas paid $9 billion in fines, while the remainder of the banks paid in the millions. In short, the banks admitted to “stripping” billions of United States dollars on behalf of Iran, despite the fact the banks were aware of Iran’s status as a state sponsor of terrorism.

United States Anti-Terrorism Act Lawsuits and the Statutes of Limitations If you or a loved one experienced severe injury or death as a result of state sponsored terrorism, you may choose to file a U.S. Anti-Terrorism Act Lawsuit against the global banks in question. If you do decide to file an anti-terrorism lawsuit, your anti-terrorism attorney will discuss the applicable statutes of limitations with you.

Could You or Your Family Members Benefit from an Anti-Terrorism Lawsuit? If you or a family member suffered injury or death resulting from Iranian sponsored terrorism, you could potentially benefit from filing a U.S. Anti-Terrorism Act Lawsuit. Colin Powell once said, “Money is the oxygen of terrorism,” and, in fact, without funds, thousands of American soldiers and contractors would likely not have been maimed and killed. If you have an interest in holding these global banks accountable by filing a U.S. Anti-Terrorism Act Lawsuit, you could benefit from speaking to an Anti-Terrorism Lawyer.

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