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STANDARD CHARTERED BANK v FAL OIL COMPANY [2019] DIFC CFI 018 — Order of Discontinuance (28 July 2019)
The final resolution of the long-standing litigation between Standard Chartered Bank and FAL Oil Company Limited, concluding with a formal notice of discontinuance filed by the Claimant.
STANDARD CHARTERED BANK v FAL OIL COMPANY [2019] DIFC CFI 018 — Assessment of costs and interest liability (11 July 2019)
The dispute centers on the final assessment of costs arising from the procedural skirmishes in the enforcement proceedings initiated by Standard Chartered Bank against FAL Oil Company.
STANDARD CHARTERED BANK v FAL OIL COMPANY [2019] DIFC CFI 018 — Procedural extension for Particulars of Claim (20 June 2019)
The litigation under case number CFI-018-2016 involves a high-stakes banking dispute initiated by Standard Chartered Bank against FAL Oil Company Limited and Investment Group Private Limited.
STANDARD CHARTERED BANK v FAL OIL COMPANY [2018] DIFC CFI 018 — Denial of permission to appeal regarding alternative service and jurisdiction (30 August 2018)
The DIFC Court of First Instance affirms the validity of email-based alternative service and confirms the breadth of its jurisdiction over DIFC-based financial institutions, rejecting an attempt to challenge the court's authority.
STANDARD CHARTERED BANK v FAL OIL COMPANY [2018] DIFC CFI 018 — Dismissal of jurisdictional challenge and service set-aside application (11 June 2018)
The litigation arose from a massive banking dispute involving five separate financial facilities agreements. Standard Chartered Bank initiated the claim against Fal Oil Company Limited and Investment Group Private Limited, seeking to recover a principal sum exceeding USD 187 million.