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#WorldBank’s Legal Immunity Stripped, Opening Door for #Lawsuits
The #SCOUS has rejected #WorldBank claims of complete legal immunity, ruling that one of its arms can be #sued in relation to lending activities.

icij.org/investigations…
Wonder why #WorldBank President #JimYongKim appointed by Obama, resigned abruptly nearly 3 years before his term was set to expire?
latimes.com/business/la-fi…
#WorldBank argued that exclusion on immunity of commercial activities, would make them a 🎯 4 lawsuits around the🌎, would cripple its ability to perform its core mission, fighting poverty/promoting development.
“Those concerns are inflated” #SCOTUS ruling
supremecourt.gov/opinions/18pdf…
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