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DC Circuit cancels arguments in FBME appeal as bank faces liquidation

By Robert Thomason ( October 11, 2017, 22:11 GMT | Insight) -- Arguments have been canceled in the appeal brought by FBME, a Tanzanian-Cypriot bank in liquidation in part because of a US Treasury enforcement action, after the Circuit Court of Appeals for the District of Columbia  received briefs from the bank and Treasury debating whether the ongoing liquidation makes the appeal moot.Arguments have been canceled in the appeal brought by FBME, a Tanzanian-Cypriot bank in liquidation in part because of a US Treasury enforcement action, after the Circuit Court of Appeals for the District of Columbia received briefs from the bank's parent company and Treasury debating whether the ongoing liquidation makes the appeal moot....

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