IFE fails with Goldman lawsuit

Goldman Sachs has successfully seen off a lawsuit worth £68m (€101m) brought by disgruntled Belgian investment company IFE Fund.

IFE alleged that Goldman withheld information about the financial state of an acquisition target for Autodistribution, a French auto-parts supplier owned by private equity firms Butler Capital Partners, Axa and CDC.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink