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Battle between rival heads of Libya's US$67b fund reaches UK court

Published Mon, Mar 7, 2016 · 09:50 PM

London

A LONG-RUNNING dispute over the leadership of Libya's US$67 billion sovereign wealth fund reached London's High Court on Monday, potentially paving the way for litigation against two global investment banks to move forward.

The Libyan Investment Authority (LIA) wants to pursue Goldman Sachs and Societe Generale in the English courts for more than US$3 billi…

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International

International

Battle between rival heads of Libya's US$67b fund reaches UK court

International

Philippines’ Recto sees rate-cut delay risk if peso sinks to 59

Ecuador president declares state of emergency over energy crisis

US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says

US expects to finalise new Aukus trade exemptions in next 120 days

IMF concerned about debt, fiscal challenges facing low-income countries

Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising

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