Saudi Arabian Oil Company (Saudi Aramco) announces the latest developments related to the case brought by Heirs of Khalid Abu Al-Waleed Al-Hood Al-Qarqani
| Element List | Explanation |
|---|---|
| Introduction | Further to the announcement made by the Saudi Arabian Oil Company (Saudi Aramco) on 22-11-2020G (corresponding to 7-4-1442H) in respect of the issuing of the trial-level court ruling in favour of Saudi Aramco to dismiss the case brought by Heirs of Khalid Abu Al-Waleed Al-Hood Al-Qarqani, Saudi Aramco wishes to announce that it has received from the U.S. District Court for the Southern District of Texas on 21-1-2021G (corresponding to 8-6-1442H) a petitioners notice of appeal where the Heirs of Khalid Abu Al-Waleed Al-Hood Al-Qarqani appealed the trial-level court’s dismissal to the U.S. Court of Appeals for the Fifth Circuit.
Saudi Aramco had noted in its previous announcement that it believes that its arguments are sound, well supported, and should be sustained on appeal. |
| Previous Announcement | The issuing of the trial-level court ruling in favour of Saudi Aramco to dismiss the case brought by Heirs of Khalid Abu Al-Waleed Al-Hood Al-Qarqani |
| Date of Previous Announcement on Tadawul's Website | 2020-11-22 Corresponding to 1442-04-07 |
| Percentage of fulfilled achievement | N/A |
| Event's Expected Completion Date | Cannot be determined at this time, as it will depend on the time the competent court will take to review the appeal and issue its judgment. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
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