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RBC Unit Asks Texas Court To Nix $28M Highland Judgment

By Jess Krochtengel ( October 14, 2014, 6:42 PM EDT) -- A Royal Bank of Canada unit on Tuesday asked a Texas appeals court to strike out a $28 million judgment stemming from a 2001 distressed debt deal gone wrong, arguing Highland Capital Management LP didn't prove it had a binding sale contract or was owed any damages. . . .

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