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 categoryCC, HSF Kramer and Linklaters come out on top in latest L500 UK researchLaw firm dataAmy Ulliott1 Oct 2026HSF Kramer, Addleshaws and Quinn chief take top prizes at Legal Business AwardsLaw firmsNews Editor30 Sep 2026A&O Shearman and HSFK lead as Airtel plans landmark London IPOLaw firmsWill Lewallen24 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