Fight Over Diamond Funds Belongs In Arbitration, Court Told

Law360, New York (August 11, 2017, 7:08 PM EDT) -- A dispute involving members of a family who are shareholders in a UAE-based company that trades in Angolan diamonds must be arbitrated in Dubai per an agreement signed by the parties when the company was formed, a Florida federal court heard Thursday.

The Neiger family are the controlling shareholders in DG Trading DMCC, a United Arab Emirates-based company that purchases Angolan rough diamonds for resale. Serge Neiger sued his sons Steven and Dean Neiger and his ex-wife Emma Hazzan, accusing them of embezzling company funds and...
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