BNP Paribas breached duty of care in US$650m sukuk dispute, High Court finds
International bank BNP Paribas breached the duty of care it owed to hedge fund investors in a US$650 million Islamic bond when it failed, as arranger, to ensure a promissory note issued under Saudi Arabian law was properly executed, the High Court in London has ruled.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.