Court of Appeal to entertain final submissions in Credit Suisse case

After five days of hearings last week, the Court of Appeals will entertain final written submissions in an appeal of a lawsuit that saw a unit of Credit Suisse end up on the wrong side of a $600 million judgment in the Supreme Court.

And the appeals court last week raised the possibility that should the appellants succeed, the case may be sent back to the Supreme Court.

The initial trial had lasted six weeks and involved a small army of legal muscle.