Mar 11 2021 - 15:41
Back

Al-Waleed bin Talal loses once again against LBCI

The French judiciary issued its final ruling in favor of LBCI Lebanon, news ,lbci ,أخبار Lebanon, ICC, France, LBCI,Al-Waleed bin Talal,The French judiciary issued its final ruling in favor of LBCI
episodes
Enjoy our online videos
A bit more details about our online video plans
Subscribe now
Sign in
Lebanon News
The French judiciary issued its final ruling in favor of the Lebanese Broadcasting Corporation International (LBCI) and its Chairman Pierre Al-Daher against Prince Al-Waleed bin Talal's companies.

After losing five consecutive international lawsuits, Prince Al-Waleed bin Talal resorted, in 2018, to the French Court of Appeal and filed an annulment lawsuit against arbitration decisions issued in favor of LBCI, questioning the impartiality and independence of the arbitration.
advertisement

The French court rejected all of Al-Waleed's allegations, and the companies of the "Rotana" group lost their annulment lawsuit before the Paris Court of Appeal.

The ruling of the decision stipulated the dismissal of the annulment lawsuit, the judgment issued by the international arbitration was confirmed, and demanded Al-Waleed to pay all the required dues to LBCI, in addition to the penalty and expenses of the case.

advertisement
Read also