Lawyers for members of Dubai's ruling family denied Monday all claims made by an Iranian businessman who is seeking $1.9 billion (1.2 billion pounds) in compensation for the alleged seizure of his company.
The Dubai-based claimant, Shahram Abdullah Zadeh, filed the suit in March alleging that his business had been taken over by Sheikh Hasher Maktoum al-Maktoum and his son and daughter, according to case documents obtained by Reuters.
The civil suit is likely to be closely watched in Dubai, home to many Western banks and a regional business hub.
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