Tag Archives | Cornhill Capital

LIA Steering Cmte “Threatens to Undermine Litigations”

By Sami Redwan, Economics and Business Commentator, Tripoli. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. The LIA “steering committee” threatens to undermine the LIA’s multi-million dollar litigations. It cannot be allowed to do so. Libya is a nation plagued by internal conflict, as […]

LIA on Track to Recover Wealth of the Libyan People

By Sami Redwan, Economics and Business Commentator, Tripoli. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. LIA on track with multi-million dollar litigations to recover wealth of the Libyan people Things are uncertain at the moment, even by Libya’s standards. Key terminals in Libya’s […]

LIA Recovers $126m from Cornhill, Lehman

The Libyan Investment Authority (LIA) has said said that, after a three year battle, it has successfully recovered $53.8 million that had been managed by Cornhill Capital. In a statement, the LIA said a fundamental factor was Cornhill Capital’s reliance on international sanctions imposed against some of the assets of the LIA. Cornhill was able […]