AHAB v SICL & Others: the most significant fraud trial ever to be heard in the Cayman Islands
By partners Colette Wilkins & Shelley White, Walkers Cayman Islands Introduction After a trial lasting a little over a year, the Chief Justice of the Grand Court of the Cayman Islands has handed down judgment in the case of AHAB…
Epic Saudi fraud trial coming to a close in Cayman court
By Eugenio Montesano From International Advisor One of the biggest trials in Cayman Islands history involving the Middle East’s longest-running business feud is coming to an end after a year in court. Saudi Arabian hospitality, food and real estate group…
Fees over collapse of Al-Gosaibi Saudi business empire ‘could hit $1 billion’ [biggest trial in the history of Cayman Islands]
By Frank Kane From Arab News DUBAI: Lawyers, accountants and other professional advisers stand to make up to $1 billion in fees as a result of the collapse of the Saudi Arabia-based Al-Gosaibi business empire in 2009, one of the…