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Mishcon de Reya New York LLP Secures Major Appellate Victory In Massive September 11th Litigations

<p>In 2010, the United States District Court for the Southern District of New York dismissed all claims against the two companies, ruling that the plaintiffs had shown nothing to indicate that they ever did anything more or less than engage in routine banking services and that the companies&rsquo; actions could not have caused the plaintiffs&rsquo; injuries.</p> <p>On April 16, 2013, the United States Court of Appeals for the Second Circuit affirmed the rulings of the Southern District, holding that DMI Trust and DMI S.A. did nothing more than, at most, providing routine banking services to persons later deemed to be suspected of connections to terrorism, and thus that the plaintiffs had failed to state a claim against DMI Trust or to establish jurisdiction over DMI S.A. As a result, the Second Circuit affirmed the dismissals of the claims against the companies, confirming the victory won in the District Court.</p> <p>The case is the last of a series of similar lawsuits handled by the Mishcon de Reya New York team since August 2002, involving DMI Trust, Sheikh Abdulaziz bin Ibrahim al-Ibrahim, and companies and individuals related to both parties. All claims against all of those parties have now been dismissed, and that decision now affirmed, resulting in a complete victory for the Firm and its clients in this long-running, complex, and sensitive case.</p>