47 results returned for search: "" category "International Business" author Rebecca Zuill
Credit Suisse Group AG has revealed that it has paid $210 million to Georgian billionaire Bidzina Ivanishvili in a long-running legal saga, Bloomberg has reported.
Bloomberg said last month the bank had paid in the sum “over time for the proceedings ...
DATE: Mar 03, 2023
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
BlockFi International Ltd winding up hearing in the Commercial Courts, before Chief Justice Narinder Hargun
DATE: Feb 27, 2023
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
The Privy Council has ruled against the Bermuda Court of Appeal in a Bermuda purpose trust case which challenged the decision of the trustees of a multibillion-dollar Taiwanese plastics fortune to remove the settlors’ family members as beneficiaries....
DATE: Dec 14, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
After five days of hearings last week, the Court of Appeals will entertain final written submissions in an appeal of a lawsuit that saw a unit of Credit Suisse end up on the wrong side of a $600 million judgment in the Supreme Court.
And the appeals ...
DATE: Dec 12, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
A legal case involving the Spice Girls was cited by a lawyer as he attempted to fight a $550 million Supreme Court judgment against a Bermuda unit of one of the world’s largest investment banks.
The Court of Appeal hearing is the next chapter in the ...
DATE: Dec 08, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
Credit Suisse Life (Bermuda), a division of the banking giant Credit Suisse, has had an application before the Supreme Court rejected by Chief Justice Narinder Hargun.
CS Life wanted a $607.35 million judgment against them to be paid from accounts se...
DATE: Jul 27, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
A damning “indictment” of the business dealings of Credit Suisse bank follows a Supreme Court judgment in which more than half a billion dollars were at stake and where the court found fraud in policy accounts that the bank’s Bermuda subsidiary held ...
DATE: Mar 30, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
Oligarchs now facing sanctions and the discomfort of seeing their luxurious lifestyles thrown into the spotlight may be disconcerted to recall that one of their alleged number, just four months ago in a Bermuda Court, vividly described his rise to di...
DATE: Mar 30, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
Billionaire and former Prime Minister of the Caucusus nation of Georgia, Bidzina Ivanishvili, won a half billion-dollar lawsuit in Bermuda’s Supreme Court today in a legal battle that pitted him against Swiss banking giant subsidiary Credit Suisse Li...
DATE: Mar 29, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
Liz Truss, the UK Foreign Secretary, has assured British MPs that British Overseas Territories are doing everything they can to ensure that “Putin’s oligarchs have nowhere to hide”.
Ms Truss made the comment in response to a question from a Plaid Cym...
DATE: Mar 01, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill