New York Trial Court Permits Amaranth Lawsuit Against J.P. Morgan’s Prime Brokerage Unit To Proceed

On October 28, 2008, the Honorable Richard B. Lowe, III, of the New York State Supreme Court, ruled that collapsed hedge fund Amaranth LLC could proceed in its lawsuit against its prime broker, J.P. Morgan Chase & Co. and its subsidiaries.  We explain the decision in detail.

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