Company Update: Citigroup Inc (NYSE:C) – Court upholds Citigroup arbitration win over Abu Dhabi fund

[Reuters] – A U.S. appeals court on Wednesday rejected the Abu Dhabi Investment Authority’s effort to void Citigroup Inc’s arbitration win in a dispute over a $7.5 billion investment in the bank less . . . → Read More: Company Update: Citigroup Inc (NYSE:C) – Court upholds Citigroup arbitration win over Abu Dhabi fund Similar Articles: The Goldman Sachs Group Inc (NYSE:GS) | Goldman Sachs sued for $1 billion by Libya wealth fund Company Update: Abbott Laboratories (NYSE:ABT) – GSK gets new trial against Abbott over gay juror issue -U.S. court Company Update – Google Inc. (NASDAQ:GOOG) – Paris court orders blocking of 16 video streaming sites

Citigroup Inc (NYSE:C) [Reuters] – A U.S. appeals court on Wednesday rejected the Abu Dhabi Investment Authority’s effort to void Citigroup Inc’s arbitration win in a dispute over a $7.5 billion investment in the bank less than a year before the 2008 financial crisis. The 2nd U.S. Circuit Court of Appeals in New York said the sovereign wealth fund did not meet the “high hurdle” of showing that an American Arbitration Association panel demonstrated a “manifest disregard of the law” or … [visit site to read more]

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