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THE DUBAI FINANCIAL SERVICES AUTHORITY v ES BANKERS (DUBAI) LIMITED [2014] DIFC CFI 032 — Winding up of an insolvent financial institution (22 October 2014)
The Dubai Financial Services Authority (DFSA) initiated the petition under Article 93 of the DIFC Regulatory Law 2004, seeking the compulsory liquidation of ES Bankers (Dubai) Limited (ESBD).
DUBAI FINANCIAL SERVICES AUTHORITY v ES BANKERS [2019] DIFC CFI 032 — Liquidator succession and reporting efficiency (17 September 2019)
The application filed on 8 August 2019 by the Joint Liquidators, Phil Bowers and David Philip Soden, was necessitated by the planned resignation of Phil Bowers from his role as a liquidator of ES Bankers (Dubai) Limited (ESBD).
DUBAI FINANCIAL SERVICES AUTHORITY v ES BANKERS [2019] DIFC CFI 032 — Authorizing the Fourth Interim Dividend distribution (17 June 2019)
The dispute concerns the orderly distribution of funds held by ES Bankers (Dubai) Limited (ESBD), which has been under liquidation since the Dubai Financial Services Authority (DFSA) initiated proceedings.
ES BANKERS (DUBAI) [2018] DIFC CFI 032 — Liquidator succession and resignation (27 August 2018)
The dispute centered on the administrative continuity of the liquidation proceedings for ES Bankers (Dubai) Limited. Following the resignation of Neville Kahn, who had been serving as a joint liquidator alongside Phil Bowers, the remaining liquidator needed to formalize the departure and secure the…
COMMTEL HOLDING v ES BANKERS [2016] DIFC CFI 032 — Settlement of insolvency-related application notices (21 November 2016)
The dispute involved a wide array of applicants, including Commtel Holding (BVI) Inc, Runningwoods FZE, and a third group of entities including Damajomada Limited, Harmon Investments Limited, and Philippe Ginsberg, among others.