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City law firm sues Emirati business family over investment dispute

Created at 18 Aug · 5:11 AM1 source↑ Market-relevant
IN SHORT

London law firm Charles Russell Speechlys has filed a lawsuit in London against investment entities linked to the Al-Sari family, escalating a multi-jurisdictional dispute over legal representation and client control.

Key Numbers

AED 160,800legal costs awarded by DIFC court
£32,300legal costs awarded by DIFC court
£80mdebt sought by Commercial Bank of Dubai from Al-Sari family

Who's Involved

Charles Russell Speechlys
London law firm initiating legal action
Al-Sari family
Prominent Emirati business family targeted in lawsuit
Grand Valley General Trading
Corporate entity linked to Al-Sari family, former client
Mohammed Al-Sari
Defendant in Dubai court case
Mas Investment
Defendant in Dubai court case
Mohammad Mosa Abd Al-Arabiat
Defendant in Dubai court case
Abdalla Juma Al-Sari
Defendant in Dubai court case
Al Soor Investments LLC
Defendant in London lawsuit
Sari Investments LLC
Defendant in London lawsuit
Justice Michael Black
Judge in the Dubai International Financial Centre (DIFC) Courts
Commercial Bank of Dubai
Creditor seeking to recover debt from Al-Sari family
City law firm sues Emirati business family over investment dispute

↳ Why This Matters

This legal action highlights the complexities of international disputes involving prominent business families and the challenges law firms face when navigating conflicting client instructions across different jurisdictions.

Key facts

  • Charles Russell Speechlys has initiated legal action against investment entities controlled by the Al-Sari family.
  • The dispute stems from conflicting instructions received by the law firm regarding client documents.
  • A Dubai court previously ordered the law firm to withhold documents and awarded legal costs.
  • The new lawsuit was filed in the London Circuit Commercial Court against Al Soor Investments LLC and Sari Investments LLC.

London-headquartered law firm Charles Russell Speechlys has filed a lawsuit in the London Circuit Commercial Court against Al Soor Investments LLC and Sari Investments LLC, entities linked to the prominent Emirati business family Al-Sari. This action marks a new phase in an ongoing multi-jurisdictional dispute that originated when the law firm was instructed to represent Grand Valley General Trading, a corporate entity associated with the Al-Sari group, in arbitration proceedings in Singapore and related cases in Dubai.

The firm became involved in a family dispute over control of its client, allegedly receiving conflicting instructions from different factions regarding the release of legal documents. In March 2023, a judge at the Dubai International Financial Centre (DIFC) Courts described the situation as an "unusual claim" and ordered Charles Russell Speechlys to withhold documents until ownership disputes were resolved. The judge also ordered three defendants to pay the law firm AED 160,800 (£32,300) in legal costs, while noting that the English courts might have jurisdiction over certain aspects of the dispute.

The new London lawsuit, filed on Friday, is understood to be in a specialist court for mid-tier commercial disputes. Al Soor Investments LLC was previously identified in the Dubai judgment as a source of confusion that necessitated court intervention. The Al-Sari family has also been involved in a separate multi-million-pound legal battle concerning over £80 million in debt owed to the Commercial Bank of Dubai.

Frequently asked questions

The dispute arose from conflicting instructions given to the law firm by different factions of the Al-Sari family regarding the handover of legal case files and documents for their client, Grand Valley General Trading.

The DIFC court ordered Charles Russell Speechlys to withhold documents and ruled that three defendants must pay the law firm AED 160,800 (£32,300) in legal costs.

The lawsuit escalates the legal battle into the English courts, targeting specific investment entities of the Al-Sari family and potentially addressing aspects of the dispute that fall under English jurisdiction.

What Happens Next

01The London Circuit Commercial Court will hear the case filed by Charles Russell Speechlys.
02Resolution of UAE civil and criminal cases regarding Grand Valley's ownership may impact future proceedings.

How It Developed

Charles Russell Speechlys was hired to represent Grand Valley General Trading, linked to the Al-Sari family, in Singapore arbitration and DIFC court cases.
The law firm received conflicting instructions regarding document handover from different Al-Sari family factions.
In March 2023, a DIFC court judge described the situation as an unusual claim and ordered the law firm to withhold documents.
The DIFC court ordered three defendants to pay the law firm AED 160,800 (£32,300) in legal costs.
On Friday, Charles Russell Speechlys filed a lawsuit in the London Circuit Commercial Court against Al Soor Investments LLC and Sari Investments LLC.

Sources

T1
City law firm sues prominent Emirati business familyCity AM

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