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Jurisdictions

Ansbacher asserts superior claim over $32 m judgment debtor

Ansbacher (Bahamas) Ltd. is seeking to prevent a United States bank from partially collecting on a $32 million judgment against an airline based in El Salvador, which is a mutual client. Ansbacher alleges it has a superior claim to Wells Fargo Bank Northwest over $228,993 held in accounts belonging to TACA International Airlines S.A. at the Bank of America, in Fort Lauderdale, Florida.