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BofA Wants To Keep $10.5B RMBS Suit In Federal Court

By Kathryn Brenzel (May 16, 2013, 2:04 PM EDT) -- Bank of America NA on Wednesday pressed a New York federal judge to reject American International Group Inc.'s motion to move a $10.5 billion lawsuit over residential mortgage-backed securities to state court, arguing that remanding the case would dangerously split the case between federal and state courts and would adversely affect certain bankruptcy proceedings....

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