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SocGen demands compensation from Clifford Chance over gold bullion litigation debacle

Professional Services Correspondent

Societe Generale has accused Clifford Chance of negligence over its work for the bank in a dispute over £384m-worth of gold bullion.

SocGen engaged the Magic Circle law firm in 2008 to pursue Turkish jewellery maker Goldas. The bank claimed Goldas had failed to pay for 15.725 metric tonnes of gold bullion.

SocGen accuses Clifford Chance of negligence in £384m gold bullion dispute

Societe Generale accuses Clifford Chance of negligence in £384m gold bullion dispute

SocGen demands compensation from Clifford Chance over gold bullion debacle

James Booth

Societe Generale

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