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Billionaire Suffers Minor Setback In Decade-Plus Effort To Screw Over Deutsche Bank
It is certainly hard to keep the various venues and facets of Deutsche Bank’s now 15-year-long battle with billionaire Alexander Vik in order and understanding. After all, they involve numerous lawsuits and one criminal case against the Monaco-based billionaire in the High Court of Justice and Court of Appeal in London, the Court of Probate and Enforcement Court in Oslo, and the Connecticut Supreme Court—thanks to Vik’s owning a Greenwich mansion—as well as courts in Delaware, New York and Pennsylvania. At issue—initially, anyway—were some money-losing foreign exchange deals by Vik’s Sebastian Holdings ... (full story)