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Emirati Scrap Seller Can't Ax Hearing Over $45M Loan Debt - Vimarsana News

Emirati Scrap Seller Can't Ax Hearing Over $45M Loan Debt

ADVERTISEMENT ADVERTISEMENT Emirati Scrap Seller Can't Ax Hearing Over $45M Loan Debt Law360, London (February 16, 2021, 4:42 PM GMT) -- A Dubai shipping broker will have to testify about a $45 million loan dispute via video link after a judge ruled on Tuesday that a recent landmark decision on the global reach of U.K. criminal authorities does not block him from giving evidence. Shipping broker Muhammad Tahir Lakhani lost his attempt to avoid a video hearing to be held next week connected to a loan dispute with the Oslo-based Nordic Trustee AS and two other private equity funds. The High Co...

Source: law360.com
Emirati Scrap Seller Can't Ax Hearing Over $45 Loan Debt - Vimarsana News

Emirati Scrap Seller Can't Ax Hearing Over $45 Loan Debt

ADVERTISEMENT ADVERTISEMENT Emirati Scrap Seller Can't Ax Hearing Over $45M Loan Debt Law360, London (February 16, 2021, 4:42 PM GMT) -- A Dubai shipping broker will have to testify about a $45 million loan dispute via video link after a judge ruled on Tuesday that a recent landmark decision on the global reach of U.K. criminal authorities does not block him from giving evidence. Shipping broker Muhammad Tahir Lakhani lost his attempt to avoid a video hearing to be held next week connected to a loan dispute with the Oslo-based Nordic Trustee AS and two other private equity funds. The High Co...

Source: law360.com