The $90 bn question: Does Picard have standing in bank suits? - Thom...

The $90 bn question: Does Picard have standing in bank suits?
Thomson Reuters News & Insight
In a jam-packed Manhattan federal courtroom Thursday, Judge Jed Rakoff heard lawyers for two of the banks Picard has sued, HSBC and UniCredit, assert that neither case law nor federal statute give the bankruptcy trustee the right to bring suit against ...
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