Libyan Investment Authority Sues Societe Generale in UK Courts

Posted on 03/10/2014

Societe Generale SA is being sued by the Libyan Investment Authority (LIA), Libya’s sovereign wealth fund, in the United Kingdom. The claims against Societe Generale involve derivative transactions taken place between 2007 to 2009, relating to an amount above US$ 1.5 billion. According to an LIA report, the Societe Generale trade was one of the […]

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