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Gramercy Client Wants Indemnity Suit Over Tax Shelter Tossed

By Lance Duroni (April 27, 2015, 10:10 PM EDT) -- A former Gramercy Asset Management LLC client, who has accused the firm of fraud in connection with a tax shelter it promoted, asked a New York federal judge on Friday to toss the investment firm's countersuit against him, saying it can't seek indemnity from "the very parties it defrauded."...

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