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Privy Council rejects challenge against Ivanishvili ruling

The Privy Council upheld a $607 million damage award to Ivanishvili for fraud and supervisory failures by Credit Suisse, but US sanctions block fund release, officials said.

The Judicial Committee of the Privy Council has tossed out an appeal by UBS/Credit Suisse and upheld a 2022 Bermudian court ruling ordering the bank to pay $607 million in compensation to former Georg...

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EyeWitness News broke the news in on Monday, November 24, 2025.
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