Ritchie Loses Round In Suit Against JPM Over Petters Ponzi
By Pete Brush ( September 15, 2015, 5:47 PM EDT) -- A Minnesota federal judge on Monday denied a bid by Ritchie Capital Management LLC to lift a litigation stay shielding the $3.7 billion Thomas Petters Ponzi scheme receivership, finding the hedge fund's bid to recover from defendant JPMorgan Chase & Co. could hamper receiver Douglas A. Kelley's own litigation against the megabank....
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