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UAE Bank Loses Suit Accusing Family Of Evading £19M Debt

Gunnar Larson

22 Nov 2024 22 Nov '24
12:04 p.m.

UAE Bank Loses Suit Accusing Family Of Evading £19M Debt <https://www.law360.co.uk/financial-services-uk/articles/2263851?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-11-22&read_main=1&nlsidx=0&nlaidx=0> By Lucia Osborne-Crowley A UAE bank has lost its claim against a businessman's family over an alleged £19 million ($24 million) debt, after a London judge ruled Thursday that the lender failed to prove that the businessman had intentionally moved assets to keep them out of the hands of his creditors. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/2263851?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-11-22&read_more=1&nlsidx=0&nlaidx=0> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/2263851?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-11-22&read_later=1&nlsidx=0&nlaidx=0>

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