NEW YORK - A state judge lifted an injunction that effectively froze all the assets of Clark Clifford and Robert Altman, the Washington lawyers who face state and federal criminal charges for allegedly helping the defunct Bank of Credit and Commerce International's takeover of First American Bankshares Inc.

But state Supreme Court Justice Stephen Crane left intact an order freezing about $18 million held by Mr. Clifford in New York accounts. A lawyer for Mr. Clifford, former chairman of First American, said he did not know how much money his client has outside New York.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.