29.04.2015 - Abu Dhabi fund part of $1.9bn lawsuit against Norway gov't
An Oslo court started to hear a $1.9 billion lawsuit by a group of international investors against Norway on Monday, in a case that challenges the country's reputation as a predictable place to do business with little political risk. Investors including Allianz, UBS, the Abu Dhabi Investment Authority and two Canadian pension funds are suing Norway over its decision to cut tariffs for using the Gassled pipeline network, arguing it was liable for the 15 billion crowns ($1.9 billion) in lost earnings they would suffer as a result through 2028...............................................Full Article: Source
Print