BRADENTON, Fla. — Louisiana federal Judge Kurt Engelhardt has agreed to hear oral arguments April 21 from PaineWebber Capital Services Inc. and UBS Securities LLC on their motion to dismiss a suit filed by New Orleans involving the failed remarketing of its firefighters’ pension bonds.

PaineWebber Inc. was underwriter and remarketing agent for the city’s $171 million of taxable firefighters’ pension bonds sold in 2000 as variable-rate demand obligations. It was later absorbed by UBS Securities.

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