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After complaining unsuccessfully for two years, the small French company providing luxury services Advalis (ION 1375) managed to make his debtor, the Saudi-Ethiopian tycoon Mohammed Hussein Al-Amoudi, give a little leeway. Acting via his Paris-based lawyers, François Meynot and Valentine Guerrero in December 2014, Al-Amoudi recognised a portion of the debt he owes Advalis, namely €626,000 out of a total of €1,441,000 which was upped to €2.1 million through the addition of late-payment penalties. Al-Amoudi no longer contests Advalis’ invoices for services concerning his family and his former girlfriend Tati Asteway between August 2011 and June 2013. But he refuses those for employees of his companies SPMS and Midroc Aviation, the friends of his former fiancée and his nephew, Saleh Al-Amoudi. He even claims that his French secretary, Michel Pringarbe abused his confidence in requesting such services. However, he would not seem to hold this against him, as he has just given him a raise. The case will be heard in the Paris High Court on 13 February.
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