Regulation, Risk & Compliance
Sovereign wealth
Uncategorized
Libyan sovereign fund recovers $127 mln from Lehman, Cornhill Capital
Libya's $67 billion sovereign wealth fund has recovered $73 million from the bankrupt Lehman Brothers and $53.8 million from Cornhill Capital after lengthy legal battles, the fund said in a statement. The Libyan Investment Authority is involved in a number of disputes with Western firms, not least its $3.3 billion…
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