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New York court throws out suit against DLA Piper over collapse of Cayman investors

By Jack Barton

10 May 2017

New York court throws out suit against DLA Piper over collapse of Cayman investors New York iStock.com/Mlenny

A US district court has dismissed claims by liquidators from Grant Thornton that counsel from DLA Piper helped to misappropriate US$36 million prior to the collapse of two Cayman Islands investment vehicles.