This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

SocGen fails in bid to clarify Libyan wealth fund leadership before UK trial

By Ben Lucas ( November 2, 2016, 17:31 GMT | Insight) -- Société Générale has failed to convince a UK court that it faces the risk of duplicate legal actions from Libya’s sovereign wealth fund, which is already seeking $1.5 billion from the French bank. The High Court in London today said that granting SocGen more assurances about who controls the fund would only delay the trial, which is set for April 25, 2017.Société Générale has failed to convince a UK court that it faces the risk of duplicate legal actions from Libya’s sovereign wealth fund, which is already seeking $1.5 billion from the French bank....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections