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uae-difc-cases
GLOBAL TRADEWAVES LIMITED v STANDARD CHARTERED BANK [2014] DIFC CFI 028 — Indefinite stay of proceedings by consent (28 May 2014)
The litigation involved Global Tradewaves Limited, a company currently in liquidation, initiating a claim against Standard Chartered Bank. While the specific underlying commercial cause of action—whether related to trade finance, banking facilities, or alleged breaches of duty—remained…
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·5 min read
uae-difc-cases
GLOBAL TRADEWAVES LIMITED v STANDARD CHARTERED BANK [2014] DIFC CFI 028 — Procedural status of insolvency applications (05 January 2014)
The lawsuit concerns the liquidation of Global Tradewaves Limited, which initiated proceedings against Standard Chartered Bank under case number CFI 028/2013. The dispute centers on the liquidators' efforts to secure information or assets necessary for the administration of the company's estate.
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·5 min read