Macquarie Capital (USA) Can’t Avoid US Toll Road Suit

Dow Jones (via reports that a New York County Supreme Court judge has “rejected a Macquarie Capital (USA) bid to toss a lawsuit from bond insurer Syncora Guarantee over $US496 million in soured toll-road debt.” The lawsuit alleges that the Macquarie Group’s US advisory affiliate provided “misleading information around the financial viability of four toll bridges in Alabama and a toll tunnel in Michigan” in 2006.”