
Quarterly Focus: Saudi Arabia joins the class actions club
Andrew Mizner
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Established as part of efforts to modernise the legal system and attract investment, Saudi Arabia’s class actions regime supports shareholders, but could yet see further expansion, given the right market conditions.
In January this year a shareholder class action was admitted by the Saudi Arabian authorities, allowing a group of investors in Mohammad Al Mojil Group to bring a claim against the board and former employees of the energy construction company, alleging misrepresentation in i
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Author(s)
Andrew Mizner
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class actions Clyde & Co. Collective actions Collective redress Litigation Quarterly Focus Saudi Arabia Shareholder Litigation Third-party funding Vision 2030
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