Judge blocks Monte Paschi's bid to postpone derivatives case

10/25/2013 | Bloomberg

U.K. High Court Judge Henry Eder has rejected an application from Banca Monte dei Paschi di Siena to delay court proceedings regarding a derivatives dispute with Nomura Holdings. The deal includes a provision that any dispute be heard in England, but Monte Paschi wants the case argued in Italy.

View Full Article in:

Bloomberg

Published in Brief: