Last week a new batch of documents relating to the legal case between Mashreqbank and Ahmad Hamad AllGosaibi and Brothers ("AHAB") (NY Supreme Court Case Index # 601650/2009) and the legal case between Mashreqbank and the Partners of AHAB (NYSC Case Index # 602171/2009) was published on the Supreme Court of New York's website. You can go to that link to read these documents in their entirety - which I highly recommend. There's no substitute for the original source documents.
In addition to the usual partisan pleadings common to such cases, these documents contain some interesting information. And you might find some of the assertions in the documents submitted by both sides a source of hilarity. I still get a chuckle about the guy who ran a multi-billion dollar empire in English but suddenly can barely understand the language.
We'll largely ignore the former and concentrate on the latter in a series of posts to follow.
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