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Lakah et al v. UBS AG et al

  1. February 01, 2016

    UBS Must Show Reliance In $100M Egyptian Bond Debt Spat

    A New York federal judge ruled Friday that debt investors, including UBS AG, who are asking the court to hold brothers Ramy and Michel Lakah liable in international arbitration for $100 million in defaulted bonds must show that they reasonably relied on alleged misrepresentations in an offering circular.

  2. November 10, 2015

    UBS Presses For Trial In Spat Over $100M Egyptian Bond Debt

    A long-fought dispute over whether brothers Ramy and Michel Lakah can be held liable in arbitration to debt investors, including UBS AG, for $100 million in bonds issued in 1999 to a group of Egyptian businesses they controlled lurched toward an early 2016 bench trial on Monday.