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2nd Circ. Asked To Remand $8.5M Countrywide Bonds Fight

By Lisa Uhlman (January 18, 2012, 6:38 PM EST) -- A group of institutional investors led by BlackRock Inc. filed a Second Circuit brief Wednesday saying a dispute over $8.5 billion in Countrywide Financial Corp. bonds is not removable from New York state court under the Class Action Fairness Act because it seeks declaratory, not monetary, relief....

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