New York Supreme Court Justice Michael Mason-Mahon has ruled that Timothy S Driscoll, who has filed a lawsuit against HSBC Holdings in regards to a $1.9bn fine over money laundering, must first obtain permission from England's High Court before commencing his derivative suit, since HSBC Holding is incorporated in England.
New York Supreme Court Justice Timothy S Driscoll has ruled that Michael Mason-Mahon, who has filed a lawsuit against HSBC Holdings in regards to a $1.9bn fine over money laundering, must first obtain permission from England's High Court before commencing his derivative suit, since HSBC Holding is incorporated in England.