British Supreme Court rejects Goldman Sachs appeal vs Novo Banco

July 4, 2018 by  
Filed under News

LISBON (Reuters) – Britain’s Supreme Court dismissed on Wednesday an appeal by Goldman Sachs for compensation from Portugal’s Novo Banco over a $835 million loan to Novo Banco’s bankrupt predecessor, Banco Espirito Santo (BES), which was carved up by the state in 2014.

Source: Reuters Business News

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