Super Fund fails in appeal over $200m loan to failed Portuguese bank
Did Goldman Sachs own more than 2% of Banco Espirito Santo?
Jenny Ruth Thu, 05 Jul 2018
The New Zealand Superannuation Fund has lost its appeal to Britain’s Supreme Court over which jurisdiction will hear its claim over a $200 million loan to a since failed Portuguese bank.
The dispute hinges on whether the loan, part of a $US835m facility arranged by Goldman Sachs in June 2014
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