U.S. Supreme Court takes up dispute over power plant in India

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By Lawrence Hurley WASHINGTON (Reuters) – The U.S. Supreme Court on Monday agreed to believe reviving a lawsuit via Indian villagers in quest of to carry a Washington-based global monetary establishment accountable for well-liked environmental harm they blame on a power plant it financed. The justices will listen an attraction via the villagers of a decrease court docket ruling that the International Finance Corp was once immune from such court cases underneath federal regulation. IFC, a part of the World Bank Group, is a global establishment with 184 member nations that is helping safe financing for tasks in creating international locations.



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