Topic: Maan Al Sanea
Appeal dismissed in landmark multi-billion dollar fraud trial
The Cayman Islands Court of Appeal has dismissed an appeal by Saudi Arabia’s Algosaibi Group in its litigation against Cayman-based companies that belonged to...
Appeal filed in historic AHAB trial
The longest and costliest trial in Cayman’s history could be set for another chapter, after representatives of the Saudi business empire at the center of the case announced plans for an appeal.
Saudi conglomerate agrees to debt repayment plan
A Saudi family business empire at the center of a multi-billion dollar legal dispute in the Cayman Islands has signed a settlement agreement to repay some of the funds it owes to more than 100 banks and financial institutions.
Saudi family feud puts Cayman’s courts in international spotlight
One of Saudi Arabia’s wealthiest businessmen stands accused of a multibillion-dollar fraud as the largest trial in Cayman Islands history begins Monday.
