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A wave of incursions into Lebanese banks as depositors seek to get their money - Vimarsana News

A wave of incursions into Lebanese banks as depositors seek to get their money

Depositors stormed five Lebanese banks to demand the return of their frozen savings in the banking system, yesterday, in a wave of raids this week driven by frustration, due to the freezing of savings and the worsening financial collapse with no end in sight.

High Court hands down first ever merits judgment on international banking transfer rights under Lebanese law - Vatche Manoukian v Société Générale De Banque Au Liban S.A.L and Bank Audi S.A.L | Bryan Cave Leighton Paisner - Vimarsana News

High Court hands down first ever merits judgment on international banking transfer rights under Lebanese law - Vatche Manoukian v Société Générale De Banque Au Liban S.A.L and Bank Audi S.A.L | Bryan Cave Leighton Paisner

Following the recent decision of the High Court, in which specific performance was ordered against two Lebanese banks in favour of our client, Vatche Manoukian, the Court has now handed...