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Judge Tosses Hedge Funds’ Bid To Lift TRO

Law360 (March 26, 2007, 12:00 AM EDT) -- A federal judge has denied a bid by a group of hedge funds to throw out a state court order barring the funds from suing Wachovia Corp. over the bank’s possible role in the collapse of bankrupt drink maker Le-Nature's Inc.

The group of eight hedge funds, including Harbinger Capital Partners Master Fund I Ltd. and Latigo Partners L.P., had asked Judge Robert Conrad Jr. of the U.S. District Court for the Western District of North Carolina to let stand a state court judge’s temporary restraining...
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