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EEMEA news: Editor's note

In the article in the September issue of Euromoney entitled, "How

litigation became a priceless commodity," we referred to a civil RICO

action against BNP Paribas by Kensington International as: "What it all

adds up to could almost be characterized as blackmail against the French

bank." This was a mistake and we would like to clarify that Kensington

International, an affiliate of Elliott Associates, has at no stage

attempted or sought to blackmail BNP Paribas, and we apologise for any

confusion this may have caused.

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