LITT
Try LITT free
uae-difc-cases
EBI SA v LAL MAHAL DMCC [2016] DIFC CFI 024 — Default judgment varied and partially set aside (14 November 2016)
The lawsuit originated from a series of loan and guarantee agreements involving three claimants—Ebi Sa, Ecobank Nigeria, and Ecobank Senegal—and three respondents: Lal Mahal DMCC, Little Rose General Trading LLC, and Prem Chand Garg.
·
·6 min read
uae-difc-cases
EBI SA v LAL MAHAL DMCC [2017] DIFC CFI 024 — Jurisdictional dismissal for lack of clear opt-in (10 April 2017)
The DIFC Court of First Instance confirms that a generic "liberty to resort to other courts" clause fails to satisfy the "specific, clear and express" requirement for DIFC jurisdiction under Article 5(A)(2) of the Judicial Authority Law.
·
·5 min read
uae-difc-cases
EBI SA, FRANCE v LAL MAHAL DMCC [2016] DIFC CFI 024 — Permission to appeal refused (23 November 2016)
The DIFC Court of First Instance affirms the independence of banking instruments from underlying facility agreements, summarily dismissing an attempt to challenge jurisdiction based on external Nigerian litigation.
·
·6 min read