Organisation: Northern Trust

A South African investment fund has applied to courts in New York and Chicago to enforce a US$60 million LCIA award against a Ghanaian businessman arising from a loan guarantee.

06 September 2023

UPDATED. A US$3 billion worldwide freezing order obtained by Angola’s sovereign wealth fund in support of claims of a dishonest conspiracy involving the son of the former president has been lifted, with the Commercial Court in London ruling that many of the claims belong in arbitration in Angola, Portugal or Mauritius, not litigation in England.

16 August 2018