Barclays’s $94 Million TMST Fight Over Repo Deals Goes to District Court

A U.S. district judge agreed to take a $94 million lawsuit against Barclays Plc (BARC) out of bankruptcy court, according to a court filing. Bankrupt Thornburg Mortgage Inc. (THMRQ), now called TMST Inc., accused the U.K. bank of breaching repurchase agreements.

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: Michael Hytha at mhytha@bloomberg.net

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