Akers v Samba Financial Group [2017] UKSC 6
Shares worth more than $300m were transferred to Samba Financial Group from Al-Sanea who held those shares on trust for Saad Investments Co Ltd. The problem was that Saad Investments Co Ltd had already gone into liquidation six weeks prior. In examining whether this transaction was void the Supreme Court had to consider international law, Saudi Arabian law and the law of the Cayman Islands. What does this perspective tell us about our own English legal system and its role in the world?
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