A more than $17.1 million 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.
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.