Diamond dispute between billionaire Michael Mirilashvili and his cousin reaches the Supreme Court

Shabtai Alon, the cousin of billionaire Michael Mirilashvili, has filed an appeal with the Supreme Court against a district court ruling that dismissed his claim for NIS 50 million in a diamond deal. Alon alleges an oral agreement entitling him to 10% of profits and 5% brokerage fees. The district court ruled he failed to prove his claims.

Shabtai Alon, the cousin of billionaire Michael Mirilashvili, has filed an appeal with the Supreme Court against a district court ruling that dismissed his claim regarding a diamond deal. Alon is demanding NIS 50 million, claiming an oral agreement that he would receive 10% of the deal's profits and 5% brokerage fees for his role in overseeing the sorting and polishing of diamonds at a factory in Russia. The district court ruled that Alon failed to prove his claims, accepted Mirilashvili's version, and ordered Alon to pay NIS 1 million in costs. The appeal alleges legal errors and disregard for the central question of what was agreed upon regarding compensation. Mirilashvili is represented by the Ardinest Ben Nathan Toledano law firm, and on his behalf it was stated that he is confident the appeal will be dismissed.