Tags: Detroit | lawsuit | swap | deals

Syncora Guarantee Files Suit in NY Over Detroit Swap Deals

Thursday, 25 Jul 2013 02:37 PM

Syncora Guarantee Inc. filed a lawsuit in New York state court seeking to block UBS AG from terminating interest-rate swap agreements with the city of Detroit.

The lawsuit also names Merrill Lynch Capital Services Inc. and SBS Financial Products Co.

© Copyright 2015 Bloomberg News. All rights reserved.

1Like our page

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

© Newsmax Media, Inc.
All Rights Reserved