A $ 17.1 m case filed by a liberty securities subsidiary against a subsidiary of liberty Bank cannot be allowed to proceed , after a ruling from a New York circuit judge . The judge ruled that ANZ 's argument , that the funds in question were outside of the court 's jurisdiction , was misplaced .
A $17.1m case brought by a Lehman Brothers subsidiary against a subsidiary of ANZ Bank will be allowed to proceed, after a ruling from a New York bankruptcy judge. The judge ruled that ANZ's argument, that the funds in question fall outside of the court's jurisdiction, was misplaced.