on BNP PARIBAS (EPA:BNP)
BNP Paribas to Appeal Sudan Litigation Verdict
BNP Paribas announced its firm decision to appeal the recent verdict in the Sudan litigation case. The bank plans to employ every available legal avenue to contest the judgment. BNP Paribas strongly believes the verdict should be overturned on appeal, arguing the decision disregards crucial evidence that the bank was not allowed to present.
The bank emphasized that the ruling pertains solely to the three involved plaintiffs and should not be seen as having wider implications. Furthermore, BNP Paribas dismissed the notion of a potential settlement, stating there is no pressure on the bank to resolve the case in such a manner.
R. E.
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