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Friday, April 19, 2013

AIG Wins Ruling on Court for Its Bank of America Lawsuit

A federal appeals court in Manhattan today ruled that the Edge Act, a 1919 law that regulates international banking, doesn't give the federal court jurisdiction over AIG's suit.

http://www.bloomberg.com/news/2013-04-19/aig-suit-against-bank-of-america-to-go-to-state-court.html

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