News & events

8 December, 2017 Funds successful in professional negligence claim against BNP Paribas in “Golden Belt” Sukuk litigation: [2017] EWHC 3182 (Males J.)

Mr Justice Males has given Judgment in favour of a number of distressed debt funds run by The Fortress Group and Cyrus Partners Limited, following a 6-week trial of a professional negligence action which the funds brought against BNP Paribas. The funds purchased certificates in the after-market of the “Golden Belt” Sukuk, a US$650m Islamic […]