KPMG loses Abraaj jurisdictional challenge in DIFC first
KPMG, the former auditor of collapsed UAE private equity fund Abraaj, has lost a jurisdictional challenge to a professional negligence claim brought by two Abraaj subsidiaries – after a court in Dubai’s financial free zone found it had jurisdiction on a pure “necessary and proper” basis.
To read more
Subscribe to Global Restructuring Review
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10