Pounds

News Nov 4, 2016

Libya Accuses Goldman Sachs of Bribery in Bid to Appeal Lawsuit

The Libyan Investment Authority tried to resurrect its lawsuit against Goldman Sachs Group Inc. by adding new accusations of bribery, less than a month after a crushing courtroom defeat in London. But Judge Vivien Rose said at a hearing Friday that the appeal had no chance of success and ordered the sovereign wealth fund to pay Goldman at least 8.5 million pounds ($10.6 million) for legal …

Lawsuits Sep 12, 2016

Mastercard Sued for $19 Billion in Britain’s Biggest Damages Claim

Andrew MacAskill| LONDON LONDON Some 46 million people in Britain could potentially benefit from a legal case brought against Mastercard (MA.N) demanding 14 billion pounds ($19 billion) in damages for allegedly charging excessive fees, according to court documents filed in London. The case brought by a former chief financial services ombudsman alleges the payments company charged unlawfully …