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Lender Bids To Revive £32M Suit Against Grant Thornton

By Richard Crump (January 15, 2019, 2:37 PM GMT) -- Manchester Building Society attempted on Tuesday to revive a U.K. lawsuit claiming that Grant Thornton is liable for £32.7 million ($42 million) losses suffered on interest rate swaps used by the lender to hedge its mortgage portfolio, claiming its "very future and existence" depends on the outcome of the appeal....

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