Bloomberg Law
April 30, 2018, 9:07 AM UTC

Goldman, Hedge Funds Get Drawn Into Noble Group’s Legal Battles

Krystal Chia
Bloomberg Editorial

• Goldilocks lists creditors as defendants in Singapore lawsuit • Chairman Paul Brough highlights risks facing trader at SGM

Noble Group Ltd.’s dissident shareholder Goldilocks Investment Co. listed a raft of hedge funds and banks, including Goldman Sachs Group Inc. and Deutsche Bank AG, as defendants in its legal battle against the commodity trader, as the fund presses on with a bid to stop its debt-for-equity swap.

Goldilocks last week initiated legal action in Singapore’s High Court against Noble, seeking to halt the restructure and block any attempt to move its main interests to the U.K. According to a summons ...

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