BNP argued that Swiss law, which was the legal basis of the suit against the bank, doesn’t permit the claims and that they failed to prove their case in a five-week trial in Manhattan federal court that ended last month. The bank said the amount of damages awarded in the case was excessive.
“These awards far exceed — by more than ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.