Posts Tagged ‘Abu Dhabi Investment Authority’

Fraudulent misrepresentation of facts by Abu Dhabi Emirate, United Arab Emirates

February 20, 2014, Posted by admin at 9:33 pm

Fraudulent misrepresentation of facts by Abu Dhabi Emirate, United Arab Emirates The Abu Dhabi Investment Authority, universally known as ADIA, asserted claims of common law fraud, securities fraud, negligent misrepresentation, breach of fiduciary duty, breach of contract, breach of the implied covenant of good faith and fair dealing, and sought damages from a publicly traded [...]

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Panel rules for Citigroup in dispute

November 6, 2011, Posted by admin at 1:38 pm

Panel rules for Citigroup in dispute  November 06, 2011 An arbitration panel in New York has ruled against the Abu Dhabi Investment Authority (Adia) in its dispute with Citigroup over a US$7.5 billion (Dh27.54bn) investment. The ruling, which was handed down on October 14 but not announced publicly at the time, puts an end to [...]

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