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

Libyan sovereign fund seeks to appeal judgment in Goldman case

Posted on 08 November 2016

Libya’s $67 billion sovereign wealth fund will turn to the UK Court of Appeal, a source said on Friday, after a high court judge denied it permission to appeal her judgment in a $1.2 billion case against Goldman Sachs.
Responding to the fund’s request, Judge Vivien Rose denied it permission to appeal her October judgment in which she dismissed the Libyan Investment Authority’s (LIA) case against Goldman Sachs over nine equity derivatives trades made in 2008………………………………………Full Article: Source


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