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ALAWWAL CAPITAL JSC v RASMALA INVESTMENT BANK [2024] DIFC CFI 038 — Procedural timeline adjustment (10 December 2024)
The litigation under case number CFI 038/2023 involves a commercial dispute between Alawwal Capital JSC, acting as the Claimant, and Rasmala Investment Bank Limited, acting as the Defendant.
ALAWWAL CAPITAL JSC v RASMALA INVESTMENT BANK [2024] DIFC CFI 038 — Procedural extension of document production deadlines (10 October 2024)
The litigation involves Alawwal Capital JSC and Rasmala Investment Bank Limited, currently pending before the DIFC Court of First Instance under case number CFI 038/2023. While the specific substantive merits of the claim remain confidential or outside the scope of the recent procedural order, the…
ALAWWAL CAPITAL JSC v RASMALA INVESTMENT BANK [2024] DIFC CFI 038 — procedural framework for document redaction (07 October 2024)
The litigation in CFI 038/2023 involves a commercial dispute between Alawwal Capital JSC and Rasmala Investment Bank Limited. While the specific substantive claims—such as breach of contract, fiduciary duty, or investment-related losses—remain outside the scope of this procedural order, the case…
ALAWWAL CAPITAL JSC v RASMALA INVESTMENT BANK [2024] DIFC CFI 038 — procedural extension for document production (01 October 2024)
The litigation involves a commercial dispute between Alawwal Capital JSC and Rasmala Investment Bank Limited, currently pending before the DIFC Court of First Instance. The specific matter at hand concerns the exchange of evidence, specifically the timeline for complying with document production…
ALAWWAL CAPITAL JSC v RASMALA INVESTMENT BANK [2024] DIFC CFI 038 — Extension of document production deadlines (17 September 2024)
The Court of First Instance formalizes a procedural extension for document production in the ongoing dispute between Alawwal Capital JSC and Rasmala Investment Bank Limited.
ALAWWAL CAPITAL JSC v RASMALA INVESTMENT BANK [2024] DIFC CFI 038 — Procedural resumption following failed mediation (12 January 2024)
The DIFC Court of First Instance formally reactivates litigation proceedings between Alawwal Capital JSC and Rasmala Investment Bank Limited following the exhaustion of mandatory mediation efforts.
ALAWWAL CAPITAL JSC v RASMALA INVESTMENT BANK [2023] DIFC CFI 038 — Consent order for stay of proceedings (05 July 2023)
The litigation involves a commercial dispute between Alawwal Capital JSC, acting as the Claimant, and Rasmala Investment Bank Limited, the Defendant. While the specific underlying commercial transaction—whether it pertains to investment management, advisory services, or banking facilities—remains…
ALAWWAL CAPITAL JSC v RASMALA INVESTMENT BANK [2023] DIFC CFI 038 — Procedural extension of time for filing a defence (20 June 2023)
The litigation involves a commercial claim brought by Alawwal Capital JSC against Rasmala Investment Bank Limited. While the substantive merits of the underlying claim remain confidential at this preliminary stage of the proceedings, the dispute reached the DIFC Court of First Instance under case…
IDBI BANK LTD. v WHITE METAL ALLOYS INDUSTRIES FZ [2023] DIFC CFI 038 — Default judgment for USD 20.7 million debt recovery (14 September 2023)
The lawsuit concerns a substantial debt recovery action initiated by IDBI Bank Ltd. (DIFC Branch) against White Metal Alloys Industries FZ LLC, along with Mr. Rahul Garg, Ms. Shivani Garg, Mr. Mithlesh Garg, and SNS Trading DMCC.
IDBI BANK v WHITE METAL ALLOYS INDUSTRIES [2023] DIFC CFI 038 — Amendment of Particulars of Claim (11 August 2023)
The litigation, registered as CFI 038/2022, involves a substantial claim brought by IDBI Bank Limited (DIFC Branch) against a group of five defendants: White Metal Alloys Industries FZ LLC, Mr. Rahul Garg, Ms. Shivani Garg, Mr. Mithlesh Garg, and SNS Trading DMCC Limited.
IDBI BANK LIMITED v WHITE METAL ALLOYS INDUSTRIES FZ [2023] DIFC CFI 038 — Alternative service by publication in India (06 January 2023)
The lawsuit involves a complex banking dispute between the Claimant, IDBI Bank Limited (DIFC Branch), and a group of five defendants: White Metal Alloys Industries FZ LLC, Mr. Rahul Garg, Ms. Shivani Garg, Mrs. Mithlesh Garg, and SNS Trading DMCC.
NOVUS ABU DHABI GENERAL TRADING v BASE LLC [2014] DIFC CFI 038 — Corporate governance and executive management transition (18 December 2014)
The lawsuit centered on a breakdown in corporate governance within Base LLC, a DIFC-registered entity. The Applicant, Novus Abu Dhabi General Trading, sought judicial intervention to enforce the outcomes of an Extraordinary General Meeting (EGM) held on 23 October 2014.
ROYAL INVESTMENT BANK v FRISO BUKER [2012] DIFC CFI 038 — Employment contract sham defense rejected (12 March 2013)
The dispute centered on a claim for USD 42,000 in unpaid salary and notice pay brought by Friso Buker against Royal Investment Bank. The Bank, a DIFC-regulated entity, sought to avoid liability by contending that the written employment agreement was never intended to create a binding…
FIMBANK v DUBAI INSURANCE CO [2023] DIFC CFI 037 — Discontinuance of proceedings (03 November 2023)
The formal termination of proceedings in CFI 037/2023 following the voluntary withdrawal of the claim by the Fimbank entities against Dubai Insurance Co.
FIMBANK v DUBAI INSURANCE COMPANY [2023] DIFC CFI 037 — Consent order staying proceedings (30 October 2023)
The litigation involves a Part 7 Claim initiated by Fimbank P.L.C and its DIFC Branch against Dubai Insurance Company PSC. While the specific underlying commercial grievance—whether related to trade finance instruments, insurance indemnities, or performance bonds—remains shielded by the procedural…
FIMBANK v DUBAI INSURANCE CO [2023] DIFC CFI 037 — Procedural extension for Reply to Defence (30 August 2023)
A procedural consent order formalizing a revised timeline for the exchange of pleadings in a commercial dispute between FIMBANK and Dubai Insurance Co.
JEAN-MICHEL MARIE TISSIER v HSBC PRIVATE BANK [2022] DIFC CFI 037 — Consent order and settlement finalization (05 August 2022)
The litigation involved Jean-Michel Marie Tissier and Giacinta Maddalena Jerusalmi as Claimants against two distinct HSBC entities: HSBC Private Bank (Suisse) SA (DIFC Branch) and The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch.
JEAN-MICHEL MARIE TISSIER v HSBC PRIVATE BANK [2021] DIFC CFI 037 — Procedural timeline adjustment by consent (09 May 2021)
The litigation involves two claimants, Jean-Michel Marie Tissier and Giacinta Maddalena Jerusalmi, who have initiated proceedings against two distinct entities within the HSBC group: HSBC Private Bank (Suisse) SA (DIFC Branch) and The Hong Kong and Shanghai Banking Corporation Limited, Singapore…
JEAN-MICHEL MARIE TISSIER v HSBC PRIVATE BANK [2021] DIFC CFI 037 — Procedural extension of evidence filing deadlines (05 April 2021)
The litigation involves two Claimants, Jean-Michel Marie Tissier and Giacinta Maddalena Jerusalmi, who have initiated proceedings against two distinct banking entities: HSBC Private Bank (Suisse) SA (DIFC Branch) as the First Defendant, and The Hong Kong and Shanghai Banking Corporation Limited,…
EMIRATES NBD BANK v AL RIHAB REAL ESTATE COMPANY [2020] DIFC CFI 037 — Permission to appeal granted on compelling grounds (28 July 2020)
The litigation concerns a banking and real estate dispute between Emirates NBD Bank PJSC and Al Rihab Real Estate Company LLC. Following initial proceedings in the Court of First Instance, Al Rihab Real Estate Company sought to challenge the lower court's findings by filing a formal Permission…
EMIRATES NBD BANK v AL RIHAB REAL ESTATE COMPANY [2020] DIFC CFI 037 — Finality of foreclosure orders and the limits of retrospective arbitration challenges (07 July 2020)
The dispute arose from a mortgage foreclosure action initiated by Emirates NBD Bank PJSC against Al Rihab Real Estate Company LLC. Following the issuance of final foreclosure orders on 15 June 2020, the Defendant filed an urgent application seeking to delay the enforcement of these orders.
EMIRATES NBD BANK v AL RIHAB REAL ESTATE COMPANY [2020] DIFC CFI 037 — Foreclosure and mortgage enforcement under the 2018 Real Property Law (15 June 2020)
The dispute arose from a long-standing credit facility originally granted in 2006, which was secured by a mortgage over an undeveloped parcel of land in the DIFC (Plot No. PA-05, Zaabeel Second).
GLOBAL ADVOCACY AND LEGAL COUNSEL v THE INDUSTRIAL GROUP [2019] DIFC CFI 037 — Recovery of unpaid legal fees and dismissal of professional negligence counterclaim (27 August 2020)
The dispute arose from a series of unpaid legal invoices issued by Global Advocacy and Legal Counsel (Global) to The Industrial Group (TIG) for services rendered across multiple legal matters, including the Project Falcon, Cohan Olucay, and Ramy Abouzeid cases.
GLOBAL ADVOCACY AND LEGAL COUNSEL v THE INDUSTRIAL GROUP [2020] DIFC CFI 037 — Amendment of pleadings regarding specific intellectual property and employment disputes (03 February 2020)
Assistant Registrar Ayesha Bin Kalban grants the Defendant leave to amend its Statement of Defence and Counterclaim, expanding the scope of the ongoing litigation to include specific third-party matters.