biggest banks of Switzerland: Credit Suisse and UBS. 2003 apartheid lawsuit against Anglo American In 2003, Fagan and South African law firm Ngcebetsha Madlanga Attorneys attempted to sue Anglo American, the world's second-biggest mining company, diamond producer De Beers, Sasol Ltd., which supplies about 44% of South Africa's motor fuel, and Fluor Corporation, a California-based engineering company, claiming that the companies profited from South Africa's racial discrimination policies that ended in 1994. The claims were dismissed by a federal district judge in November 2004, and Fagan was not allowed to represent the case. 2004 artwork lawsuit against Bank Austria Creditanstalt AG In 2004, Fagan filed a federal lawsuit in Manhattan for a non-existent group called the Association of Holocaust Victims for Restitution of Artwork & Masterpieces (AHVRAM) against Bank Austria Creditanstalt AG and other European corporate, governmental and financial institutions for $6.8 billion. The lawsuit alleged the theft of artworks and other property during World War II's Holocaust, but was dismissed by U.S. District Court Judge Shirley Wohl Kram on August 19, 2005 because Fagan failed to state any basis for federal court jurisdiction of the "frivolous" and "bad faith" lawsuit. Kram noted that the "plaintiff organization AHVRAM did not exist," Fagan's "lack of preparation and professionalism, his 'glaringly inadequate filings,' and the fact that he deceived the court". Fagan's failure to pay the more than $350,000 in fines and litigation costs to the Bank Austria Creditanstalt AG led to his bankruptcy and disbarment. 2004 slave trade lawsuit against Lloyd's of London In the same year, Fagan unsuccessfully sued Britain's Lloyd's of London for insuring slave ships involved in the transatlantic slave trade. Fagan's inclusion of demands for financial compensation in his lawsuit was criticized by Kofi Mawuli Klu, the chairman of the Pan-Afrikan Taskforce for Internationalist Dialogue (PATFID); the Anti-Slavery Abolitionist Heritage Learning Movement and member of the Pan-Afrikan Reparations Coalition in Europe (PARCOE): "We have to make sure that the focus does not shift from the broad, deeper understanding of reparations to just one of financial compensation...We see action for reparations more as an educational issue of bringing masses of people into the fight against racism." 2005 Kaprun disaster lawsuit Fagan attempted to represent the plaintiffs in a suit brought by relatives of 6 Americans who died in mountain railway disaster in Kaprun, Austria, which killed 155 people, but in August 2007, Southern District of New York Judge