Trafigura Wins U.K. Ruling Threatening Emarat Manager With Jail
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The general manager of Emarat, the United Arab Emirates’ state-owned fuel retailer, was ordered by a U.K. judge to spend a year in a jail for breaching court orders in a civil lawsuit filed by Trafigura Beheer BV.
Jamal Al Midfa, who isn’t in custody, failed to supply data about Emarat’s assets after the Dubai-based company lost a trial in January over $83 million in unpaid gasoil shipments, Judge Nigel Teare ruled in London yesterday. Emarat has challenged the court’s jurisdiction in the case and lawyers for the company and Al Midfa weren’t at the hearing.