# US District Judge Edward Korman in Brooklyn, New York, said UBS was seeking an advisory opinion protecting it from “hypothetical” lawsuits that haven.

*business · news · 2026-04-07 · The Times of Israel*

## Key points

- A US judge rejected UBS's request to expand the 1999 Holocaust settlement's protections.
- UBS wanted the settlement to shield it from lawsuits over newly discovered Nazi-linked accounts.
- A 2020 investigation found 890 Credit Suisse accounts with potential Nazi ties.
- The judge ruled no clarification is needed until an actual lawsuit is filed.

**Companies:** UBS, Credit Suisse
**Countries:** United States, Switzerland

[Read the full story on The Times of Israel](https://www.timesofisrael.com/us-judge-rejects-bid-by-swiss-bank-ubs-to-limit-its-liability-for-nazi-linked-crimes/)

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