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Texas Appeals Court Reverses $21.5M RBC Jury Verdict

By Matt Chiappardi ( December 7, 2015, 10:29 PM EST) -- A Texas appeals court on Friday reversed a jury's finding that Royal Bank of Canada was liable to Highland Capital Management LP for $21.5 million plus interest over an ill-fated 2001 distressed debt deal, ruling that the sides didn't actually have a binding contract connected to the transaction....

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