Corporate Bonds India16 min ago
The U.S. Supreme Court on Wednesday revived a lawsuit by villagers in India seeking to hold a Washington-based international financial institution responsible for environmental damage they blame on a power plant it financed.
The justices, on a 7-1 vote, overturned a lower court`s ruling that the International Finance Corp, part of the World Bank Group, was categorically immune from such lawsuits under U.S. law.
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