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RAFED ABDEL MOHSEN BADER AL KHORAFI v BANK SARASIN-ALPEN [2014] DIFC CFI 026 — Quantum, interest, and indemnity costs following regulatory breach (30 October 2014)
The litigation centers on the Claimants—Rafed Abdel Mohsen Bader Al Khorafi, Amrah Ali Abdel Latif Al Hamad, and Alia Mohamed Sulaiman Al Rifai—and their pursuit of compensation against Bank Sarasin-Alpen (ME) Limited (the First Defendant) and Bank Sarasin & Co. Ltd (the Second Defendant).
RAFED ABDEL MOHSEN BADER AL KHORAFI v BANK SARASIN-ALPEN [2015] DIFC CFI 026 — Leave to appeal granted (09 November 2015)
The DIFC Court of First Instance grants leave to appeal the substantive judgment of Deputy Chief Justice Sir John Chadwick, finding that the Defendants’ challenge meets the threshold of a real prospect of success.
RAFED ABDEL MOHSEN BADER AL KHORAFI v BANK SARASIN-ALPEN [2014] DIFC CFI 026 — Dismissal of stay of execution application (20 November 2014)
The Defendants sought to freeze the enforcement of orders issued by Deputy Chief Justice Sir John Chadwick on 28 October 2014, which mandated the payment of significant sums to the Claimants following a trial regarding structured financial products.
RAFED ABDEL MOHSEN BADER AL KHORAFI v BANK SARASIN-ALPEN [2019] DIFC CFI 026 — Interim payment consent order for costs and interest (23 December 2019)
A final procedural milestone in the long-standing banking litigation between the Al Khorafi claimants and Bank J. Safra Sarasin, formalizing the distribution of over USD 1 million in costs and interest.
RAFED ABDEL MOHSEN BADER AL KHORAFI v BANK SARASIN-ALPEN [2019] DIFC CFI 026 — Procedural extension for points of dispute (12 September 2019)
The DIFC Court of First Instance formalizes a procedural timeline adjustment regarding the service of points of dispute by the Second Defendant in long-standing banking litigation.
RAFED ABDEL MOHSEN BADER AL KHORAFI v BANK SARASIN-ALPEN [2019] DIFC CFI 026 — Final settlement of interest on Head B-D Losses (15 May 2019)
The litigation, initiated under case number CFI-026-2009, involved a complex dispute regarding investment losses suffered by the Claimants, Rafed Abdel Mohsen Bader Al Khorafi, Amrah Ali Abdel Latif Al Hamad, and Alia Mohamed Sulaiman Al Rifai.
AL KHORAFI v BANK SARASIN-ALPEN [2017] DIFC CFI 026 — Procedural extension for appeal filing (31 January 2017)
This order addresses the procedural timeline for the Second Defendant to file an appeal following the determination of interest and costs by Justice Sir John Chadwick.
RAFED ABDEL MOHSEN BADER AL KHORAFI v BANK SARASIN-ALPEN [2017] DIFC CFI 026 — Quantum determination and costs assessment (16 January 2017)
The dispute centered on identifying the appropriate benchmark for interest on the Claimants' losses, as previously ordered by the Court in November 2015. The Claimants sought a rate derived from unauthorized overdrafts, while the Defendants proposed a significantly lower rate of 1.291% per annum,…
RAFED ABDEL MOHSEN BADER AL KHORAFI v BANK SARASIN-ALPEN [2015] DIFC CFI 026 — Clarifying the procedural finality of trial judge authority regarding permission to appeal (30 November 2015)
This order addresses the procedural conflict arising from multiple judicial directives concerning permission to appeal in long-standing banking litigation, establishing the definitive boundary of a trial judge's jurisdiction post-judgment.
RAFED ABDEL MOHSEN BADER AL KHORAFI v BANK SARASIN-ALPEN [2015] DIFC CFI 026 — Permission to appeal refused (21 May 2015)
The litigation concerns the Claimants' efforts to recover losses stemming from the purchase of "Sarasin Investments," which were funded through borrowing from Al Ahli Bank of Kuwait (ABK).
RAFED ABDEL MOHSEN BADER AL KHORAFI v BANK SARASIN-ALPEN [2015] DIFC CFI 026 — Refusal of permission to appeal regarding quantum evidence (25 February 2015)
The dispute centers on the Claimants' attempt to introduce a fourth witness statement (RAK 4) from Mr. Rafed Al Khorafi, which sought to bring into the quantum assessment losses allegedly stemming from a forced sale of land in Kuwait.
RAFED ABDEL MOHSEN BADER AL KHORAFI v BANK SARASIN-ALPEN [2015] DIFC CFI 026 — Procedural directions for quantum determination (04 February 2015)
The litigation involves claims brought by Rafed Abdel Mohsen Bader Al Khorafi, Amrah Ali Abdel Latif Al Hamad, and Alia Mohamed Sulaiman Al Rifai against Bank Sarasin-Alpen (ME) Limited and Bank Sarasin & Co. LTD.
RAFED ABDEL MOHSEN BADER AL KHORAFI v BANK SARASIN-ALPEN [2015] DIFC CFI 026 — Permission to appeal and conditional payment orders (03 February 2015)
The litigation, initiated under CFI-026-2009, involves claims brought by Rafed Abdel Mohsen Bader Al Khorafi and others against Bank Sarasin-Alpen (ME) Limited and its parent entity, Bank Sarasin & Co. LTD.
AL KHORAFI v BANK SARASIN-ALPEN [2015] DIFC CFI 026 — Procedural management of quantum evidence (04 January 2015)
The litigation, initiated under case number CFI-026-2009, involves a complex dispute between the Claimants—Rafed Abdel Mohsen Bader Al Khorafi, Amrah Ali Abdel Latif Al Hamad, and Alia Mohamed Sulaiman Al Rifai—and the Defendants, Bank Sarasin-Alpen (ME) Limited and Bank Sarasin & Co. Ltd.
AL KHORAFI v BANK SARASIN-ALPEN [2014] DIFC CFI 026 — Procedural extension for evidence filing (11 December 2014)
The litigation between Rafed Abdel Mohsen Bader Al Khorafi, Amrah Ali Abdel Latif Al Hamad, and Alia Mohamed Sulaiman Al Rifai against Bank Sarasin-Alpen (ME) Limited and Bank Sarasin & Co. Ltd involves complex allegations regarding investment management and fiduciary duties.