Goldman Sachs Defeats Libyan Wealth Fund in UK Court Over Derivatives Suit

Posted on 10/14/2016


After a high-profile battle in the U.K. high court, Goldman Sachs Group Inc. won the lawsuit regarding the Libyan Investment Authority (LIA) suing the bank for US$ 1.2 billion over losses from derivatives that LIA bought in 2008. These were over nine disputed trades. The LIA was represented by Enyo Law LLP, while Goldman Sachs […]

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