LONDON: A US District Judge has closed a claim against the Broadsheet LLC by a hedge fund that sought to take control of $29 million award amount that Broadsheet won from the Government of.
LONDON: A US District Judge has closed a claim against the Broadsheet LLC by a hedge fund that sought to take control of $29 million award amount that Broadsheet won from the Government of.
LONDON: The Broadsheet LLC is facing a legal claim for almost the full amount of around $29 million award from the Pakistan government from a Cayman Island hedge fund that provided funds to.
Funder lays claim to Broadsheet’s US$29 million Pakistan award
By
Broadsheet LLC faces legal claim from Cayman Island hedge fund
VR Global has claimed in its US filing that it gave Broadsheet US$6 million in 2017 through a legal contract in exchange for a “priority lien” over the proceeds of the arbitration against Pakistan
Broadsheet was hired by Pakistan more than two decades ago to trace assets belonging to Nawaz Sharif
LONDON: The Broadsheet LLC is facing a legal claim for almost the full award amount of around $29 million from the Pakistan government, from a Cayman Island hedge fund that provided funds to Broadsheet’s lawyers to finance arbitration proceedings against Pakistan at the London High Court’s Financial Division and a court in the Isle of Man has prevented the Broadsheet liquidator from distributing monies to Broadsheet’s creditors unless a decision is made on the application by the funder, according to court papers reviewed by