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NY Law Allows $118M Bank Asset Turnover, Top Court Told

By Pete Brush (March 18, 2013, 2:38 PM EDT) -- New York state law allows a federal judge to order a Canadian bank to turn over $118 million held by its Caribbean subsidiary to the Northern Mariana Islands, the U.S. commonwealth told the state's top court Monday in a case that could impact Empire State judges' power over money stashed in faraway places....

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