No Result
View All Result
Thursday, September 28, 2023
25 °c
Tripoli
24 ° Fri
24 ° Sat
24 ° Sun
24 ° Mon
  • Advertising
  • Contact
LibyaHerald
 
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

LIA vows to pursue litigation despite current lawyers quitting

bySami Zaptia
May 1, 2015
Reading Time: 1 min read
A A
12
SHARES
54
VIEWS
Share on FacebookShare on Twitter

By Libya Herald reporter.

LIA logo & name

Tunis, 30 April 2015:

The Libyan Investment . . .[restrict]Authority (LIA), Libya’s main sovereign wealth fund investment arm, has vowed to continue with its legal actions against Goldman Sachs and Societe General.

The confirmation of the LIA’s decision to continue its legal action at the courts in London came out today in reaction to revelations that the LIA’s legal firm, Enyo Law LLP, in these two cases had resigned on Tuesday.

RELATED POSTS

Aldabaiba proposes new Road Map for holding elections, loans and land for youth and money for healthcare for war wounded

Cooperation agreements reached between Libyan and the Greek pharmaceutical and medical companies: Tripoli Chamber of Commerce

In its statement released this evening, the LIA said that ‘‘The Libyan Investment Authority (LIA) will pursue the litigations it has against parties in the Commercial and Chancery Courts in London.

The parties are Goldman Sachs and Société Générale.

The decision by Enyo Law LLP to come off the record earlier this week will not change this objective.

The LIA is presently finalising arrangements for a new firm to be instructed and to pursue the litigations.

The LIA is a sovereign wealth fund. Its principal function is to safeguard and grow sovereign wealth for the benefit of the Libyan people’’, the LIA statement concluded.

At the time of publication of this article Enyo had made no public statement on the matter and the LIA would not make any further comments to Libya Herald, including reasons for the resignation of Enyo. [/restrict]

 
Tags: Enyo Law FirmfeaturedGoldman SachsLIASociete Generale
Share5Tweet3Share1

Related Posts

Facilities Security Authority meets Russian and Italian ambassadors – discusses training and provision of security to returning companies
Business

Facilities Security Authority meets Russian and Italian ambassadors – discusses training and provision of security to returning companies

September 28, 2023
Libyan eastern government to build 300k bpd Tobruk refinery with foreign investors on BOT basis
Business

Benghazi Chamber hosts Chad delegation – discuss commerce and transit trade

September 28, 2023
Direct flights from Tripoli to Rome to resume on Saturday
Business

Direct flights from Tripoli to Rome to resume on Saturday

September 28, 2023
Dutch embassy assesses security standards, rules and procedures at Tripoli’s Mitiga airport
Business

Civil Aviation Authority concludes meetings with Turkish Civil Aviation team inspecting airports for possible return of Turkish airliners

September 22, 2023
Libya’s eastern government meets Egyptian companies to discuss post Storm Daniel reconstruction
Business

Libya’s eastern government meets Egyptian companies to discuss post Storm Daniel reconstruction

September 22, 2023
Electronic Tracking system for imported goods goes into operation
Business

Customs Authority implements digital transformation through pilot project for customs declaration e-portal

September 21, 2023
Next Post

Benghazi violence takes a break

Air Malta facilitating cargo operations to Libya

 

Advertise on LibyaHerald

Reach thousands of our site visitors daily

240 x 400px

Advertise Here
ADVERTISEMENT

Top Stories

  • Dutch embassy assesses security standards, rules and procedures at Tripoli’s Mitiga airport

    Civil Aviation Authority concludes meetings with Turkish Civil Aviation team inspecting airports for possible return of Turkish airliners

    72 shares
    Share 33 Tweet 16
  • Internal Security arrests NOC Chairman’s Office Manager for corruption in supply of medicines for Derna and its environs

    57 shares
    Share 23 Tweet 14
  • Eastern Libyan government calls for international reconstruction conference for Flood Daniel hit areas

    66 shares
    Share 35 Tweet 13
  • Libya’s eastern government meets Egyptian companies to discuss post Storm Daniel reconstruction

    49 shares
    Share 20 Tweet 12
  • Italian Cabinet gives green light for a state of emergency to intervene in Libya, allocates € 5 million

    46 shares
    Share 18 Tweet 12
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Spanish epidemiologists and water specialists arrive in east Libya to help with post-Storm Daniel recovery

Russian rescuers end mission in Libya: Russian Foreign Ministry

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    No Result
    View All Result
    • Login
    • Sign Up
    • Cart
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Sign In with Facebook
    Sign In with Linked In
    OR

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Sign Up with Facebook
    Sign Up with Linked In
    OR

    Fill the forms bellow to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?