Malaysia Enters Mediation with Julius Baer Group on $145.6m 1MDB Lawsuit

Malaysia enters mediation with Julius Baer Group on $145.6m 1MDB lawsuit

The 1MDB fund collapsed in 2016, spawning multiple lawsuits against banks across Asia, Europe and the US. Read more at straitstimes.com.

Malaysia Enters Mediation With Baer on $112 Million 1MDB Suit

Malaysia said it’s entered mediation talks with Julius Baer Group Ltd. in a bid to settle a $112 million lawsuit filed against the Swiss bank by a unit of the faile…

Malaysia Enters 1MDB-Linked Mediation With Julius Baer

Mediation talks have commenced between Malaysia and Julius Baer in a bid to settle a case involving the Swiss bank’s alleged role in the 1MDB scandal. Malaysia has entered mediation talks with Julius Baer in an effort to potentially settle a $112 million lawsuit filed against the Swiss bank by failed 1MDB-linked unit SRC International (Malaysia), according to a «Bloomberg» report citing Johari Abdul Ghani, chairman of the 1MDB asset recovery tas…

1MDB drops JPMorgan, Coutts from US$1.1b lawsuit

Malaysia state firm 1MDB dropped its court action against JPMorgan and Coutts, The Edge reported.