Goldman Halts Efforts to End $1B Libya Fund Lawsuit

The Goldman Sachs Group, Inc. (GS) stopped its attempt to dispose a $1billion lawsuit filed by the Libyan Investment Authority (:LIA), a sovereign wealth fund at London’s High Court.

Abu Dhabi and Kuwait Funds Got Priority Royal Mail Shares

Goldman Sachs Group Inc. (GS) and Lazard Ltd. said there was no conflict of interest when advising on Royal Mail Plc (RMG)’s initial public offering, after the government released a list of “priority investors” in the sale.

SocGen Faces Bribery Claims in Libya Wealth Fund Suit

The Libyan Investment Authority said in a $1.5 billion lawsuit that Societe Generale SA paid about $58 million to a friend of the Qaddafi family to secure investments.

Libya Fund Helps SEC in Goldman Investigation

Libya's sovereign-wealth fund said it is cooperating with the U.S. Securities and Exchange Commission in its ongoing investigation into Goldman Sachs Group Inc. (GS) over the securities firm's dealings with the fund when Col. Moammar Gadhafi was in power.