MEMORANDUM AND ORDER
GARRITY, District Judge.
This case involves the liability of a Federal Reserve bank to a remote, i. e., non-sending, party for an item handled in the collection process. The plaintiff, Colonial Cadillac, Inc. ("Colonial"), alleges that the Federal Reserve Bank of Boston ("FRB") breached its duty to exercise ordinary care in the handling of drafts for collection and engaged in unfair and deceptive acts or practices in violation of the...
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