Circuit: Picard Lacks Standing to Sue Banks for Aiding Fraud

The trustee was seeking to recover several billion dollars as he alleged the financial firms turned a blind eye to clear warning signs.

Source: http://www.law.com/jsp/law/sign_me_in.jsp?article=http://www.newyorklawjournal.com/PubArticleNY.jsp?id=1202607523250&rss=newswire

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