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Lloyds Cites Sokolow Decision In Bid To Escape Libor Suit

By Joyce Hanson ( September 14, 2016, 6:02 PM EDT) -- Lloyds Banking Group said Tuesday that the Second Circuit's so-called Sokolow decision overturning a $655 million Anti-Terrorism Act judgment against the Palestinian Authority and Palestinian Liberation Organization extends to the rate-rigging suit against it, arguing that the New York federal court doesn't have jurisdiction to rule in the case and must dismiss it....

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