Saturday, April 9, 2022

Afghanistan International Bank Is Sued in SDNY But Motion to Dismiss By April 26

 

By Matthew Russell Lee, Patreon Maxwell Book
BBC-Guardian UK - Honduras - ESPN NY Mag

SDNY COURTHOUSE, April 5 –    In 2018 Virginia-based Reed International sought a Private Security Company licence by posting a $300,000 bond with the Afghanistan International Bank. 

Now they can't get it back, and can't operate under Taliban control. They sued AIB.            

    On April 5, U.S. District Court for the Southern District of New York Judge Edgardo Ramos held a proceeding. Inner City Press covered it.  

 The lawyer for Reed was emphasizing the dangers in Afghanistan, saying that Taliban are on sanctions lists as terrorists. AIB is, not surprisingly, saying the US courts have no jurisdition over it.

Judge Ramos has given them until April 26 to file any motion to dismiss. Reed International, after that, may move for limited jurisdiction discovery.

The case is Reed International, Inc. v. Afghanistan International Bank, 21-cv-10626 (Ramos)

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