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Saudi bank wins English appeal against Saad share claw-back

By Dominic Lawson

14 March 2019

Saudi bank wins English appeal against Saad share claw-back Royal Courts of Justice, London / iStock.com/VictorHuang

UPDATED: An English appeals court has dismissed a share claw-back claim filed by the joint liquidators of Cayman-incorporated Saad Investments Company (SICL), after a Saudi bank successfully challenged their attempt to amend it.