Infrastructure Development Finance Company

Greenberg Traurig Successful in Establishing Jurisdiction for Crane Bank and its Shareholders in the Court of Appeal

Retrieved on: 
Tuesday, August 15, 2023
One Essex Court, DFCU, Court of appeal (Belgium), Crane Bank, Public policy, Lawsuit, Greenberg Traurig, Blackstone, Infrastructure Development Finance Company, Blackstone Chambers, Bank, Banking in Uganda, Corruption

LONDON, Aug. 15, 2023 /PRNewswire-PRWeb/ -- A long-running lawsuit involving claims exceeding US $200 million, relating to a Ugandan bank, will be heard by the English courts following a victory for Crane Bank and its shareholders in the Court of Appeal. (CA-2022-002042)

Key Points: 
  • A long-running lawsuit involving claims exceeding US$200 million, relating to a Ugandan bank, will be heard by the English courts following a victory for Crane Bank and its shareholders in the Court of Appeal.
  • LONDON, Aug. 15, 2023 /PRNewswire-PRWeb/ -- A long-running lawsuit involving claims exceeding US $200 million, relating to a Ugandan bank, will be heard by the English courts following a victory for Crane Bank and its shareholders in the Court of Appeal.
  • The ruling from the Court of Appeal found that Crane Bank and its shareholders' claims are not barred by the foreign act of state doctrine.
  • The team instructed Lord David Pannick KC of Blackstone Chambers and Hannah Brown KC, David Caplan, and Ben Lewy of One Essex Court.

BrightNight India Advisory Council Built for Success

Retrieved on: 
Thursday, October 21, 2021
USIBC, IDFC First Bank, U.S.-India Business Council, History, Partnership, Singapore Management University, Policy, Infrastructure Development Finance Company, Asian Development Bank, IDFC, D.A.V. College Managing Committee, Morgan Stanley, CEO, Growth, GWS, Warburg Pincus, World, Ron Somers, World Bank, Solution, Association, UNOCAL, Renewable energy

INLET BEACH, Fla., Oct. 21, 2021 /PRNewswire/ -- Today, BrightNight announced the first two members of its newly formed India Advisory Council: Ron Somers, CEO of India First Group and former President of the U.S.-India Business Council, and Rajiv Lall, former Managing Director and Chairman of the Infrastructure Development Finance Company (IDFC).

Key Points: 
  • INLET BEACH, Fla., Oct. 21, 2021 /PRNewswire/ -- Today, BrightNight announced the first two members of its newly formed India Advisory Council: Ron Somers, CEO of India First Group and former President of the U.S.-India Business Council, and Rajiv Lall, former Managing Director and Chairman of the Infrastructure Development Finance Company (IDFC).
  • Indeed, the new advisory council members are well-suited to India's growing market.
  • Ron Somers will draw upon his experience as a U.S.-India business relations leader and success in delivering large-scale power projects with Cogentrix to promote BrightNight's value to corporations across India.
  • BrightNight's India Advisory Council development follows two recent and high-profile hires for senior leadership positions: Sajay K.V.