JPMorgan Can't Ask Insurers For $214M, Atty Argues
By Eric Hornbeck ( April 6, 2011, 7:49 PM EDT) -- An attorney for a group of insurers told a New York appeals court Wednesday that a lower court's decision allowing JPMorgan Chase & Co. to seek $214 million in insurance coverage for an alleged market-timing scheme was an "unprecedented carve-out" of state law....
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