Citigroup Defeats ADIA in Court Again, SWF Mandated to Pay Legal Fees
The Abu Dhabi Investment Authority (ADIA) had pursued a number of legal avenues which stem from its US$ 7.5 billion bailout of Citigroup Inc. Citigroup had won ADIA over the lawsuit, but ADIA kept pursuing a variety of legal channels. Ultimately, so far, Citigroup has prevailed in U.S. courts. ADIA was represented by Quinn Emanuel Urquhart & Sullivan LLP. Citigroup was represented by Paul Weiss Rifkind Wharton & Garrison LLP.
Another Arbitration Channel
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