UPDATE 1-Austrian court rebuffs Hypo investors, case still open

April 2, 2015 8:52 AM

65 0

* Case centres on law that forced losses on Hypo investors (Adds detail and background)

VIENNA, April 2 (Reuters) - Austria's Constitutional Court said on Thursday that individual banks, insurers and other investors affected by a 2014 law imposing losses on junior creditors of defunct lender Hypo Alpe Adria could not take their case directly to the high court.

Also read: California man wins more than $6 million from 4 lottery tickets within months

Read more

To category page