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Saad Liquidators Lose Bid To Claw Back $318M Saudi Shares

By Ronan Barnard ( December 20, 2023, 5:08 PM GMT) -- Liquidators for a defunct lender lost their chance on Wednesday to claw back compensation for shares said to be worth $318 million transferred overseas after the U. K. 's highest court ruled it could not sue a Saudi bank because its legal interest in the securities had been lost. . . .

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