British Court Set Date for Looking Libyan Investment Company Dispute.

London, 24 February 2016(LANA) The British court looking a dispute over the chairmanship of the $67 billion Libyan Investment Company has set March 7 as the date for a hearing. The hearing session will be held at the commercial court in London on March 7, and could take the court several sessions to determine who of the claimants of the chairmanship of the company would have the direct authority to litigate the Goldman Sacks and Societe Generale banks. The Libyan Investment Company is subject of dispute between Hasan Buhadi who was appointed by the interim Government in eastern Libya, and Abdul Majeed Bresh who was re-named as the CEO of the company, following a decision by the Libyan appeals court. The Libyan Investment Company is seeking to file a law suit against the Goldman Sacks and Societe Generale banks, demanding more than $3 billion which it claimed the banks had mis-managed. =Lana=