Ahmad Hamad Algosaibi and Brothers Co (AHAB) v Saad Investments Co Ltd (SICL), Maan Al‑Sanea and 41 Others - Ruloing
Interim payment under GCR O.29; effect of default judgment and deemed admissions; scope of estoppel from default judgment; whether assessment risks inconsistent outcomes with remaining defendants; tracing of misappropriated funds; evidential use of Deloitte forensic accounting; relevance of “N‑Files” disclosure and authorised vs unauthorised borrowings; calculation of net misappropriated amounts; deductions appropriate for interim award; whether Swiss promissory note proceedings affect Cayman assessment; burden of proving damages under O.29; commercial urgency and risk to AHAB’s solvency; conditions placed on granting interim award
All PDF copies on file (1)
Every PDF we hold for this judgment is listed here, including legacy versions pulled from earlier upstream pipelines. Each carries a provenance note so the source of each copy is explicit.
| Cause Number | FSD 0054/2009 (ASCJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Smellie CJ |
| Parties | Ahmad Hamad Algosaibi and Brothers Co (AHAB) v Saad Investments Co Ltd (SICL), Maan Al‑Sanea and 41 Others - Ruloing |
| Judgment Date | 2012-06-12 |
| Subject | Interim payment under GCR O.29; effect of default judgment and deemed admissions; scope of estoppel from default judgment; whether assessment risks inconsistent outcomes with remaining defendants; tracing of misappropriated funds; evidential use of Deloitte forensic accounting; relevance of “N‑Files” disclosure and authorised vs unauthorised borrowings; calculation of net misappropriated amounts; deductions appropriate for interim award; whether Swiss promissory note proceedings affect Cayman assessment; burden of proving damages under O.29; commercial urgency and risk to AHAB’s solvency; conditions placed on granting interim award |
| Filename (current) | 12-06-12-Ahab-v-Saad-Investments-and-Maan-Al-Sanea-and-41-Others.pdf |
| File MD5 | 852e00ecf6e8fd402fa57e82d2313639 |
| Source pipeline | pdb |
| PDB record ID | 3517 |
| PDB URL | https://judicial.ky/n0c-storage/judgments-repository2/12-06-12-Ahab-v-Saad-Investments-and-Maan-Al-Sanea-and-41-Others.pdf |