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Appellate Division, First Department at 27 Madison Ave. (Photo by David Handschuh/NYLJ) Appellate Division, First Department at 27 Madison Ave., New York. Photo by David Handschuh/NYLJ

Faulting a trial judge’s mishandling of a discovery dispute, a state appeals court on Tuesday wiped out a $46 million award against Manhattan hedge fund Touradji Capital Management, and ordered a new trial in a decade-old legal battle involving two former portfolio managers who said they were stiffed on millions of dollars in performance bonuses.

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Tom McParland

Tom McParland of New York Law Journal can be contacted at tmcparland@alm.com. Follow him on Twitter @TMcParlandALM.

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