Law firms HSF client Goldman Sachs loses costs argument against sovereign wealth fund ahead of $1bn trial Legal Business · 10 May 2016 · 2 min read Litigation Herbert Smith Freehills Kramer A pre-trial review of the upcoming $1bn court battle between Goldman Sachs and the Libyan Investment Authority (LIA) has seen the bank lose a key costs argument at London’s High Court.Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Corporate users - click here for simple access (no password needed). For more information, please contact [email protected] Related ContentMore in this categoryWhat made the headlines this summer: the top stories you might have missedLegal Business7 Sep 2026HSF Kramer added to $1bn malpractice suitLaw firmsWill Lewallen3 Sep 2026HSF Kramer and Gibson Dunn lead as Bodycote board agrees £1.85bn take-private offer with VeritasLaw firmsWill Lewallen1 Sep 2026‘A huge emotional release’ – DLA’s Adam Ibrahim on the longest trial of his career and winning Lawyer of the YearLaw firmsAnna Huntley8 Oct 2024‘It’s not always about winning and losing, it’s about preserving relationships’ – the Commercial Litigation Summit 2024Law firmsIsabel Caine9 Sep 2024‘There is total support for getting this done’ – funders and litigators react to King’s Speech litigation funding snubLaw firmsIsabel Caine21 Aug 2024Revolving doors: Simpson Thacher, Latham, Sidley lead New Year London movesLaw firmsAnna Huntley9 Jan 2025‘Seize every opportunity’ – Paul Hastings partner Reena Gogna on City law, Suits and poetryLaw firmsAnna Huntley7 Jan 2025Five partners vie to succeed Hoyland as Simmons managing partnerLaw firmsTom Cox7 Jan 2025