KRED

Wednesday, June 14, 2017

Norwegian Investor Beats Deutche’s NY Bid To Collect $369M

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A Manhattan judge rejected an effort by Deutsche Bank on Monday to stretch its $369 million judgment against Norwegian investor Alexander Vik’s offshore fund Sebastian Holdings Inc. to apply to Vik, his father and another company where he allegedly stashed SHI’s assets, saying the transfers didn’t have a solid enough tie to New York for the case to survive.

June 14, 2017 at 06:00AM

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