UBS argues that lawsuit belongs in Hong Kong
UBS has told a New York judge that a $500m lawsuit brought by Ace Decade Holdings against the Swiss bank should be heard in a Hong Kong court, rather than in New York; UBS argues that the case has no footing in the US. 

By Dani Kass (April 11, 2016, 4:48 PM EDT) -- UBS AG on Monday told a New York judge that Ace Decade Holdings Ltd.'s suit blaming the Swiss bank for its $500 million loss in an investment in a Chinese company belongs in a Hong Kong court, as the agreements have no footing in the U.S....

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