After $20b award, sultan's heirs target Malaysian properties in Paris

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

KUALA LUMPUR — French bailiffs attempted to enforce a seizure order on three Paris properties owned by the Malaysian government in a case linked to a US$15 billion (S$20 billion) court award to descendants of a former sultan, according to the heirs' lawyers and court documents seen by Reuters. The bailiffs tried to assess the properties on Monday (March 6)...

Jamalul Kiram III, a former Sultan of the Sulu region of the southern Philippines, sits surrounded by photographers during a brief news conference in front of the Blue Mosque in Taguig city, south of Manila on Feb 22, 2013.

Malaysia, which did not participate in the arbitration, maintains the process was illegal and has obtained a stay on the ruling in France. Unlike the embassy, they bore no official signage and were not subject to French tax exemptions, the judge said. Reuters could not establish if the bailiffs attempted to enter all three properties subject to the seizure order.

Source: Law Daily Report (lawdailyreport.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

After $20b award, sultan's heirs target Malaysian properties in ParisThe bailiffs tried to assess the properties following a court-issued seizure order in December. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

Pierre Cardin returns to Paris Fashion Week with space age lineupPARIS : French label Pierre Cardin returned to the official Paris fashion week schedule for the first time in decades, sending out a colorful, off-beat lineup of styles that recalled its space age heyday. Models paraded two-toned suit jackets with triangular shaped lapels, asymmetrical dresses and capes,
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

David Beckham and His Daughter Harper Enjoyed Paris Fashion Week Hand-In-HandDavid Beckham and daughter Harper attended Victoria Beckham's Paris Fashion week show for her fall/winter collection, and they were an adorable family unit.
Source: YahooSG - 🏆 3. / 71 Read more »

Paris Fashion Week: Hermes taps fashion as camouflageCreative director Nadege Vanhee-Cybulski’s one-colour concept created a minimalist feeling even when the looks featured layering and details.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Louis Vuitton shows playful, French styles at Musee d'Orsay in ParisPARIS : Louis Vuitton took to the Musee d'Orsay for its fall-winter catwalk show on Monday, sending a modern lineup of playful, sculptural looks down a slick, black runway designed to evoke a Paris street. Exploring notions of French style, Nicolas Ghesquiere, artistic director of the label's womenswear
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Paris Fashion Week: Louis Vuitton draws stars with a vintage-tinged ode to French styleIt was as if Ghesquiere had gone to a glamorous thrift store with vintage-style, often sparkling, garments vibrantly mixed and matched.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »