Saudi princes seek immunity in UK lawsuit
London, March 5, 2013
Lawyers for two Saudi princes involved in litigation over a business dispute they have tried to keep secret argued in a British court on Tuesday their clients should be granted immunity from being sued.
The litigation, which has been going through British courts since December 2011, stems from sales in 2010 and 2011 of shares in Fi Call Ltd, a company jointly owned by Saudi princes and a Jordanian businessman.
They accuse each other of wrongdoing but details of the claims have so far remained secret because the prince and his father, who is also involved, have argued that it would be damaging to Saudi Arabia's relations with Britain and the US to air them in open court.
The Fi Call matter is scheduled to come to trial in January 2014. In two separate strands of pre-trial hearings, lawyers have argued that details of the case should remain secret and the Saudi princes should be granted immunity from litigation.
The lawyer representing the princes argued they should enjoy the same immunity from litigation to which the monarch was entitled. The judge will rule on the princes' application for immunity at a later date. - Reuters
Tags: Saudi |
More Government & Laws Stories
- Postal rates rise 300pc in Bahrain
- Qatar denies Syria 'contact'
- Iran to take part in security forum
- GCC security bolstered by Royal grant
- Egypt to pay $1.5bn arrears to foreign oil firms
- Charles Russell opens Qatar office
- Egypt delays decision on $4.8bn IMF loan
- UAE, Netherlands sign investments deal
- Iran sees no big 2014 oil exports recovery
- Egypt ‘returned $500m deposit to Qatar’