Tanta at Calculated Risk has written no less than 3 very long and informative posts on this issue over the past couple of days. Highly recommended reading for anyone who wants to know how these things work. If you don’t care that much about technicalities, and only want to know the conclusion, here it is: this case is not such a big deal, and it’s been blown out of proportion by some uninformed blog writer, duly followed by the NYT. It’s simply a case of Deutsche Bank mishandling some paperwork. The lawsuit was dismissed “without prejudice”, which means DB can re-file when they get their paperwork sorted out (which they undoubtely will). End of story.
