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Bitter Hedge Fund Rift Exposed in U.K. Court
Jul 30 2021, 1:04 AM
July 29 2021, 5:21 PM
July 30 2021, 1:04 AM
(Bloomberg) A London hedge fund dispute exposed a bitter rift between two former business partners who were targeted for their alleged roles in the sprawling Cum-Ex tax scandal a year ago.
(Bloomberg) A London hedge fund dispute exposed a bitter rift between two former business partners who were targeted for their alleged roles in the sprawling Cum-Ex tax scandal a year ago.
Duet Groupâs CEO Henry Gabay was ordered by a judge in London to pay Alain Schibl $2.5 million to cover debt outstanding from an arbitration settlement this week. The pair, who founded the London-based hedge fund together in 2002, traded insults and allegations of improper conduct at the hearing that pushed their spat into the public domain.