ca no: 003/2011

Al Khorafi v Bank Sarasin-Alpen [2011] DIFC CA 003 — jurisdictional retrospectivity and the application of Law No. 16 of 2011 (05 January 2012)

The lawsuit centers on a complex financial dispute involving three claimants—Mr. Rafed Abdel Mohsen Bader Al Khorafi, Mrs. Amrah Ali Abdel Latif Al Hamad, and Mrs. Alia Mohamed Sulaiman Al Rifai—and two corporate respondents: Bank Sarasin-Alpen (ME) Limited (the DIFC-based subsidiary) and Bank…