17.06.2009 - Shuaa and DBG Shuaa, Dubai Banking Group dispute rages
From Gulfnews.com: The gloves are off in a dispute between Shuaa Capital and Dubai Banking Group (DBG) - a unit of Dubai Holding - over a Dh1.5 billion ($409) convertible bond issued to Shuaa by DBG in 2007. The bond was meant to be converted into 250 million shares on maturity, but the two companies have been quarrelling over whether the conversion into shares is mandatory or not........Full Article: Source