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AL KHORAFI v BANK SARASIN-ALPEN [2010] DIFC CA 001 — Clarifying regulatory liability and pleading standards (26 January 2011)
The Court of Appeal clarifies the independence of Article 94 Regulatory Law claims and establishes the legitimacy of cross-referenced pleading techniques in complex financial litigation.
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·6 min read
uae-difc-cases
Mr Rafed Abdel Mohsen Bader Al Khorafi v Bank Sarasin-Alpen [2011] DIFC CA 001 — Clarifying the scope of Article 94 Regulatory Law and security for costs (23 January 2011)
The dispute centers on a claim for nearly US$75 million brought by Mr Rafed Abdel Mohsen Bader Al Khorafi, Mrs Amrah Ali Abdel Latif Al Hamad, and Mrs Alia Mohamed Sulaiman Al Rifai against Bank Sarasin-Alpen (ME) Limited and Bank Sarasin & Co Limited.
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·6 min read
uae-difc-cases
AL KHORAFI v BANK SARASIN-ALPEN [2010] DIFC CA 001 — Appellate review of pleading standards and regulatory liability (09 November 2010)
The Court of Appeal clarifies the threshold for pleading investment-related claims and confirms that Article 94 of the Regulatory Law provides a direct, independent cause of action for private litigants.
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·5 min read