The ICLR has provided a summary of the Court of Appeal's decision in Al Saud v Apex Global Management Ltd. [2013] EWCA Civ 642: see here. The court upheld the trial judge's decision to dismiss the application by two Saudi Arabian princes in which they claimed sovereign immunity in respect of claims made against them under section 994 of the Companies Act 2006 (the unfair prejudice remedy).Thursday, 13 June 2013
UK: England and Wales: sovereign immunity claim rejected in unfair prejudice case
The ICLR has provided a summary of the Court of Appeal's decision in Al Saud v Apex Global Management Ltd. [2013] EWCA Civ 642: see here. The court upheld the trial judge's decision to dismiss the application by two Saudi Arabian princes in which they claimed sovereign immunity in respect of claims made against them under section 994 of the Companies Act 2006 (the unfair prejudice remedy).
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