UK Broker Seeks Exit From $2B Danish Tax Fraud Suit In US

Law360 (August 6, 2019, 9:03 PM EDT) -- A U.K.-registered brokerage company has asked a Manhattan federal court to be dismissed from a lawsuit over its alleged involvement in an international scheme to bilk Denmark's tax agency of more than $2 billion.

The British-registered brokerage wants to get out of a suit in the U.S. as it fights allegations it was involved in a scheme to cheat Denmark's tax agency out of more than $2 billion. (AP) ED&F Man Capital Markets Ltd. said its request Monday in the U.S. District Court for the Southern District of New York was based on the doctrine of forum non conveniens, which allows...

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