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Barclays lent Qatar $3bn to buy shares in 2008, says law suitBarclays loaned Qatari investors $3 billion to help finance an emergency fundraising at the height of the credit crisis in 2008, court documents filed in London on Thursday allege. The case brought by Amanda Staveley's PCP Cap More… |
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Ericsson goes to court over licensing with AppleEricsson, a global leader in telecommunications, has filed a complaint in the US District Court for the Eastern District of Texas requesting a ruling on Ericsson's proposed global licensing fees with Apple, a company statement said. More… |
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New $1.9bn lawsuit filed against Al GosaibiAdministrators of a collapsed Bahraini bank have filed a $1.9 billion lawsuit against the Saudi conglomerate Ahmad Hamad Al Gosaibi and Brothers (AHAB) caught up in a global fight over massive debts. Trowers and Hamlins, which has More… |
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Bahrain bank faces $40m lawsuit over derivativesLegal proceedings could be launched this week against an international bank in Bahrain after five families claimed they were duped out of $40 million. The families claim they have been mis-sold complex financial products that they did not More… |
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European shares extend losses; banks tumbleEuropean shares extended losses on Monday, weighed by concern major economies could be heading for a return to recession, and with banks among the biggest fallers as some faced a US lawsuit over toxic mortgage debt. At 1355 GMT, the FTSEu More… |
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Oracle seeks $6bn in Google law suitOracle is seeking between $1.4 billion and $6.1 billion in a patent lawsuit against Google over the lucrative smartphone market, according to a court filing. Oracle sued Google last year, claiming the Web search company's Android mobil More… |
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Bahraini firm wins Oman law suitAn Omani company has reportedly lost a lawsuit filed against a Bahraini firm, which it accused of illegally acquiring a majority stake in the multi-million dollar Blue City project in Oman. Bahraini investor Ahmed Abubaker Janahi on S More… |
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Alba seeks over $1bn from Alcoa in lawsuitAluminium Bahrain (Alba) is seeking more than $1 billion in a lawsuit against US aluminum manufacturer Alcoa, alleging a 15-year conspiracy involving overcharging, fraud and bribery. Alba alleged in the suit filed in US federal court on We More… |
