Gruder maintains asset freezing injunction against one of the world’s most prolific collectors of art and antiquities

9 November, 2012

Essex Court Chambers’ Jeffrey Gruder QC maintained an asset freezing  injunction against Qatari royal, Sheikh Saud Bin Mohammed Bin Ali  Al-Thani, one of the world’s most prolific collectors of art and  antiquities. The Sheikh had failed to pay US$19.766 million for valuable  ancient coins bought at an auction in New York in January 2012. In his 
judgment given on 9 November 2012, Mr Justice Haddon-Cave dismissed the  Sheikh’s challenge against the asset freezing injunction, labelling the  Sheikh’s extraordinary behaviour – in leaving a large trail of  outstanding debts owing to a succession of auction houses and dealers –  as discreditable, dishonourable and disturbing (as well as unbecoming of  someone in his position).