From Malay Mail · Malay Mail · · 1m
Court of Appeal revives 1MDB bid to challenge US$3.7b judgment
Malaysian Court of Appeal gives 1MDB another chance to appeal US$3.7b judgment against Jho Low and father.
In brief
Malaysian Court of Appeal gives 1MDB another chance to appeal US$3.7b judgment against Jho Low and father. Malaysian Court of Appeal grants 1MDB and subsidiaries a fresh hearing to challenge High Court ruling requiring Jho Low and his father to pay US$3.7 billion. Originally reported by Malay Mail.
Court of Appeal revives 1MDB bid
Malaysian Court of Appeal gives 1MDB and four subsidiaries another chance to challenge High Court ruling.
US$3.7b judgment against Jho Low
High Court ordered Jho Low and his father to pay more than US$3.7 billion.
Fresh hearing set for Oct 26
Case management fixed for October 26 before different High Court judge.
Mareva injunction breach
Defendants breached Mareva injunction, leading to judgment in default.
High Court dismissed appeal
High Court refused to set aside judgment in default filed out of time.
No representation from Jho Low
Neither Jho Low nor his father appeared in court for proceedings.
The headline
Malaysian Court of Appeal grants 1MDB and subsidiaries a fresh hearing to challenge High Court ruling requiring Jho Low and his father to pay US$3.7 billion.
