After China port fraud probe, messy legal fight chills metal trade

HONG KONG/SHANGHAI (Reuters) - As global banks and trading houses fire off lawsuits over their estimated $900 million exposure to a suspected metal financing fraud in China, the tangled legal battle to recoup losses is set to drag on for years and hinder a swift recovery in metal trade.

from Reuters: Business News http://ift.tt/WV3DdP