New IMF Term for Lagarde No Longer Fait Accompli With Legal Snag

``Lagarde, 59, will be tried for negligence in relation to a settlement France reached with businessman Bernard Tapie during her time as the nation's finance minister, a French court said Thursday, even after prosecutors recommended dropping the case. She has repeatedly denied wrongdoing, and her lawyer said she will appeal the decision to put her on trial... A trial would focus on Lagarde's 2008 decision to allow an arbitration process to end a dispute between Tapie, a supporter of then-French President Nicolas Sarkozy, and former state-owned bank Credit Lyonnais.''