Whose Fault is it that I Didn’t Know it Wasn’t You—an Update

  • Wednesday, February 29, 2012 | 8:00 AM – 9:10 AM | Room: Room 131
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Two recent judicial decisions were announced on customer claims that their banks processed fraudulent fund transfer requests. A bench verdict found for the customer that the bank did not act in good faith but in the other case the magistrate judge found that the bank’s security practices were commercially reasonable. This panel will examine the technical and legal implications of these decisions.

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