Rene-Thierry de la Villehuchet, who died at the age of 65, co-founded Access International Advisors in 1995 and served as its chief executive, according to the complaint.

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As part of that lawsuit, Picard also sued Claudine de la Villehuchet, the widow of Rene-Thierry Magon de la Villehuchet, a French hedge fund manager who killed himself soon after the Ponzi scheme came to light.

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As part of that lawsuit, Picard also sued Claudine de la Villehuchet, the widow of Rene-Thierry Magon de la Villehuchet, a French hedge fund manager who killed himself soon after the Ponzi scheme came to light by swallowing sleeping pills and slitting his wrists in his Manhattan office.

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Picard claims Rene-Thierry Magon de la Villehuchet ignored that advice.

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Transport ministry official Thierry Mariani said staff at Paris's main airport, Charles de Gaulle, were working round the clock to clear the backlog of flights.

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