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ABN AMRO BANK v N/A [2017] DIFC CFI 010 — Variation of cross-border business transfer scheme (29 April 2017)
The application in CFI 010/2017 arose from the necessity to refine the operational scope of a previously sanctioned business transfer scheme. ABN AMRO Bank N.V. (the Applicant) sought to amend the "Client List"—the definitive schedule of client accounts intended for transfer to the Transferee, LGT…
ABN AMRO BANK N.V. v N/A [2017] DIFC CFI 010 — Judicial sanction of a cross-border private banking business transfer (11 April 2017)
The lawsuit involved an application by ABN Amro Bank N.V. (the "Transferor") to transfer a portion of its global private banking business to LGT Bank (Singapore) Ltd (the "Transferee") pursuant to a Sale and Purchase Agreement dated 6 December 2016.
ABN AMRO BANK N.V. v N/A [2017] DIFC CFI 010 — Sanctioning a cross-border business transfer scheme (10 April 2017)
The lawsuit concerned a formal application by ABN AMRO Bank N.V. (the "Applicant") to sanction a scheme of arrangement for the transfer of a portion of the business conducted by its DIFC branch to LGT Bank (Singapore) Ltd (the "Transferee").
ABN AMRO BANK v N/A [2017] DIFC CFI 010 — Procedural framework for cross-border business transfers (08 March 2017)
The Court granted ABN AMRO Bank N.V. leave to proceed with a "Further Application" under Article 108(1) of the DIFC Regulatory Law to sanction the transfer of its DIFC branch business to LGT Bank (Singapore) Ltd.
ABN AMRO Bank v N/A [2017] DIFC CFI 010 — Regulatory oversight of scheme report provider independence (26 February 2017)
The matter concerns an application by ABN AMRO Bank N.V. to sanction the transfer of a portion of its business under the regulatory framework of the Dubai International Financial Centre.