But yes, we are reviewing each and every case, including the Ecuador one," Bangladesh Bank's deputy governor Abu Hena Mohd. Razee Hassan said in a recent interview. Bangladesh has yet to take any legal action, but the suit by Banco against Wells Fargo was seen as a test for the options available to Bangladesh — with a settlement signaling that Wells compensated Banco in some way. Still, experts say that it might be hard to prove that RCBC had a contractual obligation to freeze the stolen funds. "There are an awful lot of reasons for people to settle, (and) there are all sorts of laws that may or may not apply," said Peter Jaffe, a senior associate at the Washington branch of law firm Freshfields Bruckhaus Deringer LLP. For its part, RCBC is ready to defend itself against a lawsuit, saying it has received advice from lawyers in the United States. "There is no act attributable to RCBC which caused the loss or the theft from Bangladesh Bank," it said in a statement.