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Prospect News home > News index > List of issuers G > Headlines for Global Investment House > News item
Published on 9/11/2012 in the Prospect News Distressed Debt Daily and Prospect News Emerging Markets Daily.

Global Investment House: Court to rule on Sept. 18 on deposit appeal

By Caroline Salls

Pittsburgh, Sept. 11 - Global Investment House said the Court of Cassation of Dubai will rule on Sept. 18 on an appeal submitted by National Bank of Umm Al Qaiwain.

According to a news release, the appeal was filed in connection with a May 21 ruling favoring Global on recovery of its $250 million deposit plus interest and costs from the bank.

Global Investment House is an investment company based in Kuwait City.


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