web analytics
October 6, 2015 / 23 Tishri, 5776
At a Glance
News & Views
Sponsored Post

Jewish-Egyptian Businessman Suing Coca-Cola for Using his Family’s Confiscated Property

JewishPress Logo

Jewish Canadian-Egyptian businessman Raphael Bigio is seeking a full U.S. appeals court to rehear his lawsuit against Coca-Cola for using his family’s property in Egypt.

Bigio and his family filed the brief Wednesday in the 2nd Circuit Court of Appeals in New York. He is suing the Coca-Cola Company headquartered in the United States for its use of family property in the Cairo suburbs that was confiscated by President Gamal Abdel Nasser in 1965.

Bigio is hoping to settle with the beverage giant for compensation for what he alleges is substantial profit. Coca-Cola Egypt had leased the property from the family following Nasser’s purge.

A three-judge panel of the New York-based appeals court dismissed the case in March on the grounds that the complaint did not contain sufficient evidence that Coca-Cola caused or directed Coca-Cola Egypt to build additional buildings on the property.

In a news statement distributed by his attorney, the Washington firm of Lewin & Lewin, Bigio said his family’s story is “one of flagrant abuse, first by an anti-Jewish government, then by a greedy corporate Goliath.”

Coca-Cola has said that an Egyptian state-owned company, not Coca-Cola, owns the property; that it is a minority stakeholder in the company that leases the land; and that the land was purchased lawfully from the Egyptian government.

About the Author:

If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

One Response to “Jewish-Egyptian Businessman Suing Coca-Cola for Using his Family’s Confiscated Property”

  1. Muriel Coudurier-Curveur says:

    The company is profiteering on stolen property and the court is siding with it? Corporations have well and truly bought off the entire US Justice system, not just a few Supreme Court Justices.

Comments are closed.

Current Top Story
PA leader Mahmoud Abbas waves to crowd after his return from 70th session of UN General Assembly.
Abbas Dials Back Arab Rage: ‘We Do Not Want Escalation’

Printed from: http://www.jewishpress.com/news/breaking-news/jewish-egyptian-businessman-suing-coca-cola-for-using-his-familys-confiscated-property/2012/05/04/

Scan this QR code to visit this page online: