UK Supreme Court delivers blow to Privinvest in tuna bond case
UK Supreme Court allows Mozambique to sue Privinvest over “tuna bond” scandal. Trial begins soon for missing funds from government-guaranteed loans. Mozambique seeks to annul a loan guarantee and compensation. The United Kingdom’s Supreme Court has ruled that Mozambique can proceed with its lawsuit against shipbuilder Privinvest in Britain concerning the $2 billion “tuna bond” … Read more