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Nomura Says Cadwalader's Bad Loan Advice Cost It $70M

By Eric Hornbeck ( October 4, 2011, 3:21 PM EDT) -- Attorneys sparred before a New York judge Tuesday over whether Nomura Asset Capital Corp. could have avoided $70 million in losses if Cadwalader Wickersham & Taft LLP had given better advice about a hospital loan in a Nomura-backed securitization....

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