Kuwaiti Businessman Denies £8M Owed In Family Dispute

Law360, London (April 7, 2021, 5:34 PM BST) -- A Kuwaiti businessman has denied that he provided an £8 million ($11 million) guarantee for his family's debt that he said has already been discharged through handing over commercial properties, after a lawyer sued for the money in London.

Dr. Abdulla Al-Humaidi said in a filing at the High Court in London that he did not make a personal guarantee in February 2019 that Kuwaiti European Holding Group would pay lawyer Abdulaziz Alsanad's family three million Kuwaiti dinar ($10 million) by September of that year.

Al-Humaidi is the chief executive of Kuwaiti European, a company which holds an investment in his...

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