Financial and Banking
Further Delays on Abulhassan Bankruptcy
The vexed question of the formal bankruptcy of the Kuwaiti moneychangers Jawad and Haidar Y. Abulhassan and Company (MEES 24 February) is still dragging on in the local courts, with no chance of a decision until at least mid-June. There are two separate legal strands: first, the original suits filed last year by three foreign banks (Marine Midland, First Chicago and American Express) against the Central...
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