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Wednesday, May 10, 2017

DLA Piper Gets Second Win In $36M Bankruptcy Appeal

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A New York federal judge on Tuesday affirmed a bankruptcy court’s dismissal of a suit accusing DLA Piper of helping a Cayman Islands investment manager siphon more than $36 million to cover a separate unit’s mortgage-backed securities payments, finding the liquidators couldn’t sue over something that had once benefited them.

May 10, 2017 at 07:39AM

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