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Expert Analysis

A Restraint On Gov't 'Stream Of Payments' Theory

Law360, New York (December 12, 2013, 7:01 PM EST) -- ​Just prior to Thanksgiving, the Second Circuit issued an unusual summary order reversing the convictions of three former General Electric Co. executives a little over a week following oral argument. The three defendants were convicted after a trial in the Southern District of New York in May 2012 of conspiring to commit bid rigging in connection with the sale of municipal bond guaranteed investment contracts ("GICs")....

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