LITT
Try LITT free
DNB BANK ASA v GULF EYADAH CORPORATION [2015] DIFC CFI 043 — Enforcement of foreign court judgments and jurisdictional gateways (02 July 2015)
The Claimant, DNB Bank ASA, initiated proceedings to recognise and enforce a judgment issued by the English High Court of Justice, Commercial Court, which ordered the Defendants, Gulf Eyadah Corporation and Gulf Navigation Holding PJSC, to pay USD 8.7 million plus costs.
DNB BANK ASA v GULF EYADAH CORPORATION [2016] DIFC CFI 043 — Procedural review of Assistant Registrar directions (23 October 2016)
The litigation arises from a long-standing dispute between the Claimant, DNB Bank ASA, and the Defendants, Gulf Eyadah Corporation and Gulf Navigation Holding PJSC. The immediate procedural conflict centered on an application filed by the Second Defendant, Gulf Navigation Holding, seeking a de novo…
DNB BANK ASA v GULF EYADAH CORPORATION [2016] DIFC CFI 043 — Compelling disclosure from judgment debtors (08 September 2016)
DNB Bank ASA, acting as the Judgment Creditor, sought to pierce the veil of the Second Judgment Debtor’s financial opacity to facilitate the satisfaction of its judgment. The dispute centers on the bank's requirement to identify assets that could be subject to execution, given the apparent…
DNB BANK ASA v GULF EYADAH CORPORATION [2016] DIFC CFI 043 — Compelling disclosure and oral examination of judgment debtors (18 August 2016)
DNB Bank ASA, acting as the Judgment Creditor, sought to enforce its rights against Gulf Eyadah Corporation and Gulf Navigation Holding PJSC, the First and Second Judgment Debtors, respectively.
DNB BANK ASA v GULF EYADAH CORPORATION [2016] DIFC CFI 043 — Enforcement of English Commercial Court judgment (18 July 2016)
The dispute centers on the recognition and enforcement of a foreign judgment obtained by DNB Bank ASA against Gulf Eyadah Corporation and Gulf Navigation Holding PJSC. The Claimant sought to leverage the DIFC Courts’ jurisdiction to give effect to an order previously issued by the English…
DNB BANK ASA v GULF EYADAH CORPORATION [2016] DIFC CFI 043 — Dismissal of constitutional stay application (24 May 2016)
The dispute originated from a loan agreement between DNB Bank ASA and Gulf Eyadah Corporation, guaranteed by Gulf Navigation Holding PJSC. Following a default, DNB Bank obtained a judgment in the English Commercial Court for USD 8.7 million plus costs.
DNB BANK ASA v GULF EYADAH CORPORATION [2015] DIFC CFI 043 — Permission to appeal regarding conduit jurisdiction (09 September 2015)
This order addresses the threshold requirements for granting permission to appeal in a dispute concerning the DIFC Court’s power to act as a conduit for the enforcement of foreign court judgments.