LONDON, October 23, 2017 /PRNewswire/ --
Commenting on the The High Court ruling in favour of the Al
Rushaid Group on all its claims and the Group being awarded in
excess of £3 million Nicola
Boulton, Partner, Byrne and Partners said:
"This represents a significant victory for the Al Rushaid
Group against a bribe payer who caused the Group to suffer major
losses including paying over the odds for equipment they
purchased from their commercial suppliers. The ruling also
demonstrates that the Al Rushaid Group will not hesitate to pursue
all available legal remedies against individuals or entities that
have caused harm to their business and reputation.
Related cases against other alleged bribe payers and
conspirators, including National Oilwell Varco LP and Bank Pictet
& Cie SA, remain ongoing."
Background to the case
Byrne and Partners act for the Al Rushaid Group, a Saudi Arabian
conglomerate with significant expertise in the oil industry. The Al
Rushaid Group issued proceedings in September 2015 against Mr John Bradnam, a small businessman resident in
Devon, and his related
companies. The claim was for damages and compensation arising
out of Mr Bradnam's fraud, bribery, dishonest assistance, unjust
enrichment and conspiracy. The trial took place in the High Court
in London between 2 and
5 October 2017.
Judgment was handed down on 20 October
2017. Read the case report here:
http://mma.prnewswire.com/media/588529/Al_Rushaid_v_Bradnam_judgement.pdf
About Byrne and Partners
Byrne and Partners LLP is a dedicated civil and criminal
litigation practice providing individual partner attention and high
levels of service.