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Wednesday, May 10, 2017

Korean Law Applies To $73M Citi Fraud Suit, 2nd Circ. Told

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South Korean circuit board maker Simmtech Co. Ltd. asked the Second Circuit to reinstate the company’s $73 million currency-exchange fraud suit against Citibank NA, arguing Tuesday that the lower court should have used Korean law when determining preclusion.

May 10, 2017 at 03:07AM

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