The Lisboeta

International funds appeal decision that sided with the Bank of Portugal in BES resolution

Monday, 12 January 2026RSS
International funds appeal decision that sided with the Bank of Portugal in BES resolution

International funds will appeal the decision of the Lisbon Administrative and Tax Court (TAF) that sided with the Bank of Portugal (BdP) over the transfer of €2.2 billion in non‑subordinated Novobanco bonds to the 'bad BES' ten years ago. The case concerns the appeal brought by PLMJ lawyers, André Figueiredo ...

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