Appeal against FBME US ban runs out of appellants

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Appeal against FBME US ban runs out of appellants
 © BusinessMail 2017
By Stelios Orphanides

A US court denied an emergency joint motion filed by the lawyer of the dissolved Cayman Islands-based FBME Ltd on Thursday to keep proceedings in abeyance, effectively putting an end to the appeal filed by the owners of FBME Bank Ltd against a first instance ruling banning the bank from the US financial system.

The US Court of Appeals for the District of Columbia “ordered that the emergency joint motion be denied,” it said a day later in a statement obtained by the Cyprus Business Mail. “This case remains scheduled for oral argument on October 12, 2017. It is...


Appeal against FBME US ban runs out of appellants


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