AHAB v Al-Sanea and others

Thomas Beazley QC acts for defendant Maan Al-Sanea, a major Saudi businessman, in a $9 billion claim alleging, amongst other things, fraud and breaches of fiduciary duty against Mr Al Sanea and many Cayman companies, advanced by the Saudi partnership AHAB in the Cayman Islands and elsewhere. The matter is ongoing, but Tom successfully argued before the Chief Justice of the Cayman Islands for a stay of the proceedings in the Cayman Islands, pending determination of claims against Mr Al Sanea in Saudi Arabia. Tom also defended Mr Al Sanea on a contempt application. This case is of major interest in the Middle East.