23.06.2009 - Shuaa views $409mln dispute as legal matter
From Gulfnews.com: Dubai-based investment bank Shuaa Capital said yesterday regulators should refrain from intervening in a $409 million (Dh1.5 billion) bond conversion dispute it has with Dubai Banking Group as it was a "legal" matter. In a letter to the United Arab Emirates bourse watchdog Emirates Securities and Commodities Authority (ESCA) posted on the Dubai bourse website, Shuaa pointed to several questions which "required very careful consideration" and had to be addressed as "matters of law and public policy"........Full Article: Source
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