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uae-difc-cases

BARCLAYS BANK PLC v ESSAR GLOBAL FUND [2017] DIFC CFI 036 — Enforcement of a New York judgment by confession (13 April 2017)

The dispute centers on the enforcement of a "Judgment by Confession" issued by the Supreme Court of the State of New York on 25 August 2016. The Claimants—Barclays Bank PLC, Credit Suisse Loan Funding L.L.C., Midtown Acquisitions L.P., and Special Situations Investing Group Inc.—sought to recover…

Sushant Shukla· ·6 min read
uae-difc-cases

BARCLAYS BANK PLC v ESSAR GLOBAL FUND [2017] DIFC CFI 036 — Enforcement of foreign judgment by confession (20 April 2017)

The dispute centered on the Third Claimant, Midtown Acquisitions L.P. ("Midtown"), seeking to enforce a judgment issued by the Supreme Court of the State of New York on 25 August 2016.

Sushant Shukla· ·6 min read
uae-difc-cases

BARCLAYS BANK PLC v ESSAR GLOBAL FUND [2017] DIFC CFI 036 — Refusal of permission to appeal enforcement of New York judgment (11 July 2017)

The dispute centers on the enforcement of a substantial foreign judgment obtained by Midtown Acquisitions L.P. and other claimants against Essar Global Fund Limited. The claimants sought to enforce a New York Supreme Court judgment valued at USD 171,769,169 within the DIFC.

Sushant Shukla· ·5 min read
uae-difc-cases

BARCLAYS BANK PLC v ESSAR GLOBAL FUND [2017] DIFC CFI 036 — Interim payment of costs on account (29 June 2017)

The litigation, registered under case number CFI-036-2016, involves a multi-party claim brought by Barclays Bank PLC, Credit Suisse Loan Funding LLC, Midtown Acquisitions LP, and Special Situations Investing Group Inc. against the defendant, Essar Global Fund Limited.

Sushant Shukla· ·5 min read