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UBS, HSH Compete For Quick End To $500M CDO Suit

By Kaitlin Ugolik ( November 23, 2011, 7:38 PM EST) -- UBS AG and German bank HSH Nordbank AG — which claims it lost nearly $500 million because of a UBS scheme centering on a mortgage-backed collateralized debt obligation — fired off competing motions to dismiss the New York state suit Wednesday....

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