Mon, Mar 30, 2015
A A A
Welcome kivanova2
RSS

Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

Goldman withdraws attempt to stop $1bn Libya fund dispute

Posted on 20 August 2014

Goldman Sachs has withdrawn an application to have a $1bn lawsuit filed by the Libyan Investment Authority, a former client, thrown out of an English court ahead of trial. The US investment bank has withdrawn its request for a summary judgment in the dispute lodged at the High Court, it confirmed on Tuesday.
A summary judgment is when a matter is determined before trial, and Goldman’s withdrawal of its application removes one hurdle that the LIA would have had to overcome before getting a full hearing of the evidence in court………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15985 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031