2nd Circuit Court of Appeals Rejects ADIA’s Bid Against Citi
Posted on 02/20/2014
The Abu Dhabi Investment Authority (ADIA) is running out of legal options in their attempt to recover the US$ 7.5 billion investment in Citigroup made in 2007. On February 19, 2014, the 2nd U.S. Circuit Court of Appeals in New York denied ADIA’s bid to void Citigroup’s arbitration. The court stated ADIA failed to meet […]
