On review by Delaware Supreme Court of international contract litigation where Saudi Arabian law applied, Court upholds trial court's thorough study of experts on that law as applied to Saudi tort law of ghasb or usurpation.

From: International Law Update | Date: February 1, 2005 | Copyright information

Saudi Basic Industries Corporation (SABIC) is a Saudi Arabian corporation which is now 70 percent owned by the Saudi government. SABIC was set up in the late 1970s to work jointly with several firms to use petroleum-based feedstocks in making polyethylene, a type of plastic. SABIC later began looking into the possibility of forming joint ventures to manufacture polyethylene.

The result was the formation, in April 1980, of two separate 50-50 joint ventures. One was between SABIC and Mobil Yanbu Petroleum Company (Mobil) (the Yanpet venture), and the other came about between ...

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