Law360, New York (August 05, 2011, 1:46 PM ET) -- A New York state judge dismissed a lawsuit Thursday lodged by Abu Dhabi Commercial Bank PJSC that claimed Credit Suisse Group AG and Standard & Poor's Financial Services LLC oversold the benefits it would receive from restructuring a troubled $40 million investment.
Judge O. Peter Sherwood said Credit Suisse fairly warned ADCB about the transaction's myriad risks from the get-go and added that the Credit Suisse was clear in saying that it was not providing ADCB investment advice or endorsing the restructuring. ADCB might take issue...
Judge Nixes ADCB's Suit Over $40M Restructuring
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