Top Court Asks If $150M Saudi Currency Tangle Belongs In NY

By Pete Brush (February 19, 2014, 5:12 PM EST) -- New York's top court asked Wednesday whether litigation brought by Mashreqbank PSC over a $150 million alleged sham currency transfer belongs in the state, with the plaintiff bank saying it already has prevailed in the United Arab Emirates, while the defendant sought to keep the case alive in the Empire State as part of its pursuit of an alleged $9 billion Saudi fraudster....

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