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Top takeaways from GTR Asia 2021 | Global Trade Review (GTR)

The annual GTR Asia event returned on November 16-18, 2021, in a virtual format for the second year running, to reflect on an eventful 12 months for global trade and developments in the Asian market. Bringing together participants from local and international banks, multinational corporations, SMEs, independent financiers, commodity brokers and traders, insurers and risk managers, lawyers, . ....

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Triterras-linked firms acquired insolvent Indian traders despite fraud claims, documents show

Companies linked to Singapore trade finance platform Triterras have sought to take control of several insolvent traders in India, despite historic accusations of fraud against those firms, documents show.  Corporate registry information and stock exchange filings show that two Hyderabad-based trading companies – Sujana Universal and Splendid Metals – have already been taken over by a Triterras-related company in recent . ....

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Con Man Can't Get Redo In $43M Tribal Bond Conviction


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Con Man Can t Get Redo In $43M Tribal Bond Conviction
Law360 (February 9, 2021, 8:57 PM EST) A Second Circuit panel on Tuesday refused to reconsider career con man John Galanis conviction for participating in a tribal bond rip-off, lowering the more than $43 million restitution award owed to a South Dakota tribe only slightly, by $357,740.
Galanis argued before the circuit panel that the district court improperly reopened his case so the jury could see evidence of a 2016 stock fraud. But Circuit Judges John M. Walker Jr., Reena Raggi and William J. Nardini found that the 77-year-old s counsel had open[ed] the door for the jury to hear the evidence in question. ....

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