BNP Paribas loses $20m Sudan jury trial, expects reversal on appeal

The New York federal case was tried under Swiss civil law.

BNP Paribas shares fell on Monday and were down 2% again on Tuesday after a federal trial jury in the Southern District of New York found the French bank liable for aiding Sudan’s regime from 2002 to 2009 and awarded three plaintiffs, all Sudanese refugees, a total of $20.75m.

The jury found

Free Trial

Register for free to keep reading.

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day
Register for free Already a member? Sign in