{"id":8178,"date":"2008-07-23T00:00:00","date_gmt":"2008-07-23T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"rbs-sued-by-hedge-fund-over-withdrawn-abn-investment-ft-says","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2008\/rbs-sued-by-hedge-fund-over-withdrawn-abn-investment-ft-says.html","title":{"rendered":"RBS Sued by Hedge Fund Over Withdrawn ABN Investment, FT Says"},"content":{"rendered":"<p>Bloomberg- Royal Bank of Scotland Group Plc has been sued by London-based hedge fund Merebis Capital Management LLP for reversing a 250 million-euro ($395 million) investment in Merebis by ABN Amro shortly after RBS acquired the Dutch bank, the Financial Times reported.             <\/p>\n<p>Merebis claims in a case filed in London&#8217;s High Court that it is owed a penalty fee of 17.8 million pounds ($35 million) for the early withdrawal by ABN, which was repaid most of its investment this month, leading to the closing of the hedge fund, the newspaper said.     <\/p>\n<p>  <a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.bloomberg.com\/apps\/news%3Fpid%3D20601102%26sid%3DamboU8kyz3Y8%26refer%3Duk\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg- Royal Bank of Scotland Group Plc has been sued by London-based hedge fund Merebis Capital Management LLP for reversing a 250 million-euro ($395 million) investment in Merebis by ABN Amro shortly after RBS acquired the Dutch bank, the Financial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1655,1654,1363,314,597,402,406,170,600,1656,1653,1657],"class_list":["post-8178","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-abn-amro-holding","tag-abn-amro-holding-nv","tag-court-hearing","tag-finance","tag-intangible-assets","tag-investment-firm","tag-investment-funds","tag-money-managers","tag-royal-bank-of-scotland","tag-solvency-ratios","tag-tci-fund-management","tag-undisclosed-sum"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8178"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8178\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}