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Contact

Contact with chambers should be made through the Practice Management Team. They are happy to discuss client requirements and provide further information on such matters as the expertise and experience of individual members, fees, working practices and languages spoken. We have members able to work in French, German, Italian, Spanish, Dutch, Swedish, Greek and Chinese (Mandarin).

Outside working hours, a member of our team is always available to be contacted on matters of an urgent nature. Contact should be made using the Chambers main number or email.

To contact our Singapore office, please contact our BD Director, Asia, Rachel Foxton. Out of office hours calls will automatically be diverted to our clerking team in London.

London

Twenty Essex Street
London
WC2R 3AL

enquiries@twentyessex.com
t: +44 20 7842 1200
DX 0009 Lond/Chan Lane

Singapore

28 Maxwell Road
#02-03
Maxwell Chambers Suites
Singapore 069120

singapore@twentyessex.com
t: +65 62257230

Contact

Contact with chambers should be made through the Practice Management Team. They are happy to discuss client requirements and provide further information on such matters as the expertise and experience of individual members, fees, working practices and languages spoken. We have members able to work in French, German, Italian, Spanish, Dutch, Swedish, Greek and Chinese (Mandarin).

Outside working hours, a member of our team is always available to be contacted on matters of an urgent nature. Contact should be made using the Chambers main number or email.

To contact our Singapore office, please contact our BD Director, Asia, Rachel Foxton. Out of office hours calls will automatically be diverted to our clerking team in London.

London

Twenty Essex Street
London
WC2R 3AL

enquiries@twentyessex.com
t: +44 20 7842 1200
DX 0009 Lond/Chan Lane

Singapore

28 Maxwell Road
#02-03
Maxwell Chambers Suites
Singapore 069120

singapore@twentyessex.com
t: +65 62257230

18/05/2016

The Libyan Investment Authority seeks more information from Goldman Sachs ahead of high-profile trial in June

This is an archived article, and some links may not work. Contact us if you have any questions.

Philip Edey QC of 20 Essex Street is representing the Libyan Investment Authority (LIA) in one of the highest value and most high profile cases set down for trial in the Commercial Court this year, with over USD1 billion at stake and a detailed examination of Goldman Sach's conduct in relation to the LIA.

The LIA has now requested more information on a Goldman Sachs internship awarded to the brother of its then deputy executive director, which it alleges 'improperly influenced' its decision to invest in disputed trades. The LIA is claiming for return of sums paid by them to enter into various derivative contracts with Goldman Sachs on the basis that the bank exerted undue influence over the LIA and/or the trades were unconscionable bargains.

The details were requested in a pre-court hearing and the case is due to be heard at a seven-week trial beginning on 13 June.

The leadership of the LIA is currently being disputed by two rival chairmen, but the litigation against Goldman Sachs is being brought under the auspices of its receiver, BDO.


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