Qatar Bank Gets A Boost After Yacht Owner Bails On €5M Trial

Law360, London (January 15, 2020, 6:59 PM GMT) -- A High Court judge on Wednesday threw out Force India Ltd.’s defense to a €5 million ($5.5 million) claim from Qatar National Bank over outstanding loan payments and the sale of a luxury yacht after the Indian company failed to show up for trial.

On the first day of what was expected to be a three-day trial, Judge Nigel Teare allowed the proceedings to continue in the absence of Force India. As he threw out the defendant’s pleadings — one option of several available to the court in such situations — he told the Qatari lender that it was still required to prove...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!