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ARAMCO TRADING FUJAIRAH v GULF PETROCHEM [2023] DIFC CFI 032 — Recognition of English Commercial Court Judgment (02 October 2023)
The lawsuit centered on the Claimant’s application for summary judgment to recognize and enforce a judgment and a subsequent costs order issued by the English Commercial Court. The underlying dispute originated from complex international proceedings, including litigation in Singapore regarding the…
ARAMCO TRADING FUJAIRAH v GULF PETROCHEM [2023] DIFC CFI 032 — Recognition of English Commercial Court judgment (31 August 2023)
The dispute centers on the Claimant’s efforts to enforce a judgment originating from the English Commercial Court, which arose from underlying proceedings in Singapore involving the arrest of a vessel.
ARAMCO TRADING FUJAIRAH v GULF PETROCHEM [2023] DIFC CFI 032 — Lifting of stay following Fujairah litigation (10 May 2023)
The lawsuit involves a commercial dispute initiated by Aramco Trading Fujairah FZE against Gulf Petrochem FZC. The proceedings were effectively paused to prevent the risk of inconsistent findings and to allow for the resolution of related litigation occurring outside the DIFC jurisdiction.
ARAMCO TRADING FUJAIRAH v GULF PETROCHEM [2021] DIFC CFI 032 — Consent stay pending Fujairah litigation (25 November 2022)
The litigation involves a complex multi-jurisdictional dispute between Aramco Trading Fujairah FZE and Gulf Petrochem FZC. The case, filed under CFI 032/2021, represents a significant commercial conflict that has necessitated judicial intervention across three distinct legal systems: the DIFC, the…
ARAMCO TRADING FUJAIRAH v GULF PETROCHEM [2021] DIFC CFI 032 — Consent stay of proceedings pending English litigation (30 May 2021)
The lawsuit centers on the Claimant’s attempt to secure the recognition and enforcement of an English Commercial Court Order dated 22 December 2020 within the DIFC jurisdiction. Aramco Trading Fujairah FZE, acting as the Claimant, sought to utilize the DIFC Courts as a vehicle to give effect to the…
KAAMIL v KAAWA [2021] DIFC CFI 032 — civil fraud, reflective loss, and jurisdictional gateways (22 December 2021)
The Court of First Instance addresses a complex multi-party civil fraud claim, clarifying the limits of shareholder standing under the rule against reflective loss while reinforcing the DIFC Courts' jurisdictional reach over trust-related disputes.
KRESSNA ELUMBA v AT CAFE [2018] DIFC CFI 032 — Dismissal of appeal for want of prosecution (09 August 2018)
The litigation originated from an employment-related dispute between Kressna Elumba and At Cafe, which was initially adjudicated within the Small Claims Tribunal (SCT). The specific nature of the claim involved unpaid entitlements, a common subject matter for the SCT, which provides a streamlined…
DUBAI FINANCIAL SERVICES AUTHORITY v ES BANKERS [2019] DIFC CFI 032 — Liquidator succession and reporting efficiency (17 September 2019)
The application filed on 8 August 2019 by the Joint Liquidators, Phil Bowers and David Philip Soden, was necessitated by the planned resignation of Phil Bowers from his role as a liquidator of ES Bankers (Dubai) Limited (ESBD).
DUBAI FINANCIAL SERVICES AUTHORITY v ES BANKERS [2019] DIFC CFI 032 — Authorizing the Fourth Interim Dividend distribution (17 June 2019)
The dispute concerns the orderly distribution of funds held by ES Bankers (Dubai) Limited (ESBD), which has been under liquidation since the Dubai Financial Services Authority (DFSA) initiated proceedings.
ES BANKERS (DUBAI) [2018] DIFC CFI 032 — Liquidator succession and resignation (27 August 2018)
The dispute centered on the administrative continuity of the liquidation proceedings for ES Bankers (Dubai) Limited. Following the resignation of Neville Kahn, who had been serving as a joint liquidator alongside Phil Bowers, the remaining liquidator needed to formalize the departure and secure the…
DUBAI FINANCIAL SERVICES AUTHORITY v ES BANKERS [2017] DIFC CFI 032 — Distribution of Subordinated Client Money Claims (18 September 2017)
The litigation concerns the complex insolvency proceedings of ES Bankers (Dubai) Limited, an entity regulated by the Dubai Financial Services Authority (DFSA). Following the commencement of liquidation, the Joint Liquidators sought judicial authorization to distribute funds to a specific subset of…
THE DUBAI FINANCIAL SERVICES AUTHORITY v ES BANKERS [2016] DIFC CFI 032 — Interim distribution and bar date mechanics (15 December 2016)
The dispute centers on the ongoing liquidation of ES Bankers (Dubai) Limited (ESBD), an entity regulated by the Dubai Financial Services Authority (DFSA). Following the commencement of insolvency proceedings, the Joint Liquidators sought judicial authorization to distribute a "Further Interim…
COMMTEL HOLDING v ES BANKERS [2016] DIFC CFI 032 — Settlement of insolvency-related application notices (21 November 2016)
The dispute involved a wide array of applicants, including Commtel Holding (BVI) Inc, Runningwoods FZE, and a third group of entities including Damajomada Limited, Harmon Investments Limited, and Philippe Ginsberg, among others.
DUBAI FINANCIAL SERVICES AUTHORITY v ES BANKERS [2016] DIFC CFI 032 — Variation of liquidator remuneration authority (30 June 2016)
The underlying dispute concerns the insolvency proceedings of ES Bankers (Dubai) Limited, a firm previously regulated by the DFSA. Following the initial appointment of Joint Liquidators, the Court had previously established a framework for the approval of their fees and disbursements via an Order…
DUBAI FINANCIAL SERVICES AUTHORITY v ES BANKERS [2016] DIFC CFI 032 — Remuneration and disbursement order in bank liquidation (29 February 2016)
The dispute concerned the court-sanctioned approval of fees for the Joint Liquidators appointed to oversee the winding up of ES Bankers (Dubai) Limited. Following the regulatory intervention by the Dubai Financial Services Authority (DFSA) under the DIFC Regulatory Law (No.
DUBAI FINANCIAL SERVICES AUTHORITY v ES BANKERS [2015] DIFC CFI 032 — Judicial approval of liquidator remuneration (10 September 2015)
The dispute centers on the administrative costs associated with the compulsory liquidation of ES Bankers (Dubai) Limited, a process initiated by the Dubai Financial Services Authority (DFSA) under its regulatory mandate.
THE DUBAI FINANCIAL SERVICES AUTHORITY v ES BANKERS [2015] DIFC CFI 032 — Remuneration and disbursement framework for liquidators (23 March 2015)
In the order dated 23 March 2015, the Court addressed the financial requirements of the liquidation process, specifically regarding the reimbursement of expenses incurred by the Joint Liquidators.
DUBAI FINANCIAL SERVICES AUTHORITY v ES BANKERS [2015] DIFC CFI 032 — Remuneration of Joint Provisional Liquidators (01 March 2015)
The lawsuit originated from the regulatory intervention by the Dubai Financial Services Authority (DFSA) against ES Bankers (Dubai) Limited, leading to the appointment of Joint Provisional Liquidators.
AHMED ZAKI BEYDOUN v DAMAN REAL ESTATE CAPITAL PARTNERS [2015] DIFC CFI 032 — Order of Discontinuance (12 April 2015)
The litigation involved a civil claim brought by Ahmed Zaki Beydoun against Daman Real Estate Capital Partners Limited and Asteco Property Management L.L.C. While the specific underlying cause of action—whether related to contractual breaches, property management disputes, or investment…
AHMED ZAKI BEYDOUN v DAMAN REAL ESTATE CAPITAL PARTNERS [2015] DIFC CFI 032 — Case management order regarding damages and costs (02 April 2015)
The litigation involves a claim brought by Ahmed Zaki Beydoun against Daman Real Estate Capital Partners Limited and Asteco Property Management LLC. While the underlying merits of the claim have progressed, the current phase of the proceedings is strictly focused on the quantification of damages…
AHMED ZAKI BEYDOUN v DAMAN REAL ESTATE CAPITAL PARTNERS [2012] DIFC CFI 032 — Strike out application regarding alleged assignment of rights (10 July 2014)
The DIFC Court of First Instance clarifies the legal effect of purported assignments of future rights under Islamic finance structures, rejecting an attempt to strike out a successful claim on the basis of non-disclosure.
AHMED ZAKI BEYDOUN v DAMAN REAL ESTATE CAPITAL PARTNERS [2013] DIFC CFI 032 — Procedural extension for Bill of Costs filing (07 November 2013)
The underlying dispute in CFI 032/2012 involved Ahmed Zaki Beydoun as the Claimant against Daman Real Estate Capital Partners Limited and Asteco Property Management LLC. Following the progression of the litigation, the Claimant reached the stage of recovering costs, which necessitated the formal…
MR AHMED ZAKI BEYDOUN v DAMAN REAL ESTATE CAPITAL PARTNERS [2013] DIFC CFI 032 — Pre-trial procedural integrity and trial scheduling (07 May 2013)
The dispute in CFI 32/2012 centers on a real estate claim brought by Mr. Ahmed Zaki Beydoun against Daman Real Estate Capital Partners and Asteco Property Management. As the matter approached its trial phase, the First Defendant, Daman Real Estate Capital Partners, initiated a procedural challenge…
AHMED ZAKI BEYDOUN v DAMAN REAL ESTATE CAPITAL PARTNERS [2013] DIFC CFI 032 — Case Management Order (20 February 2013)
The litigation involves a real estate sector dispute brought by the claimant, Ahmed Zaki Beydoun, against Daman Real Estate Capital Partners Limited and Asteco Property Management L.L.C.