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EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2022] DIFC CFI 065 — Immediate judgment in AED 1.9 billion syndicated loan default (10 May 2022)
The DIFC Court of First Instance grants immediate judgment for a banking syndicate, dismissing complex defences of duress and misrepresentation in a high-value facility default.
EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2022] DIFC CFI 065 — Procedural extension for appellate response (28 July 2022)
The litigation in CFI 065/2020 involves a complex multi-party banking dispute where a consortium of nine financial institutions—including Emirates NBD Bank PJSC, HSBC Bank Middle East Limited, and Dubai Islamic Bank PJSC—seeks legal recourse against Advanced Facilities Management LLC and several…
EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2022] DIFC CFI 065 — Refusal of permission to appeal regarding banking facility enforcement (04 July 2022)
The litigation centers on a multi-million dirham banking facility involving a syndicate of nine prominent financial institutions, including Emirates NBD Bank, HSBC Bank Middle East, and Dubai Islamic Bank, against a group of corporate entities and individuals led by Nasser Butti Omair Yousef…
EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2022] DIFC CFI 065 — Immediate judgment and specific performance in complex banking syndication (09 June 2022)
The litigation arose from a complex syndicated financing arrangement involving nine major financial institutions, including Emirates NBD Bank PJSC, HSBC Bank Middle East Limited, and Dubai Islamic Bank PJSC.
EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2022] DIFC CFI 065 — Procedural directions following immediate judgment application (19 May 2022)
A procedural consent order establishing the timeline for the quantification of claims and costs following an application for immediate judgment in a multi-party banking dispute.
EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2022] DIFC CFI 065 — Immediate judgment granted for AED 1.9 billion syndicated debt (09 May 2022)
The dispute centered on the failure of the borrower, Advanced Facilities Management, to meet its repayment obligations under a series of syndicated facility agreements executed on 27 December 2018.
EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2022] DIFC CFI 065 — procedural discipline and the refusal of adjournment (06 April 2022)
Justice Sir Jeremy Cooke rejects a last-minute adjournment request in a complex multi-party banking litigation, emphasizing that a party’s failure to fund legal representation does not excuse non-compliance with court-mandated evidence deadlines.
EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2021] DIFC CFI 065 — Procedural timeline adjustment by consent (03 June 2021)
The litigation, registered under case number CFI 065/2020, involves a substantial group of eight prominent financial institutions acting as Claimants against nine distinct entities and individuals, including Advanced Facilities Management LLC and Naser Butti Omair Yousef Almheiri.
EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2021] DIFC CFI 065 — Procedural timeline adjustment via consent order (27 April 2021)
The litigation involves a substantial banking dispute brought by a consortium of eight financial institutions—including Emirates NBD Bank, Al Khaliji France, HSBC Bank Middle East, United Arab Bank, United Bank Limited, National Bank of Fujairah, Commercial Bank of Dubai, and Noor Bank—against a…
EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2021] DIFC CFI 065 — Procedural extension for complex multi-party banking litigation (23 March 2021)
The litigation involves a complex multi-party banking dispute where a consortium of eight major financial institutions, including Emirates NBD Bank, Al Khaliji France, and HSBC Bank Middle East, has initiated proceedings against a group of nine entities and individuals, primarily led by Advanced…
EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2021] DIFC CFI 065 — Setting aside alternative service orders (17 March 2021)
The Defendants, a group of entities led by Advanced Facilities Management, sought to set aside an ex parte order for alternative service granted on 18 November 2020. Their primary contention was that the Claimants, a consortium of eight banks including Emirates NBD Bank, had failed to inform the…
EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2021] DIFC CFI 065 — Procedural efficiency and on-paper determinations (03 March 2021)
The DIFC Court of First Instance affirms the judicial discretion to resolve procedural applications—including extensions of time—on paper to prevent tactical delays in complex banking litigation.
EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2020] DIFC CFI 065 — Procedural extension of time for multi-party banking litigation (31 December 2020)
The litigation involves a substantial banking dispute brought by a consortium of eight financial institutions against Advanced Facilities Management and eight other related entities and individuals, including Naser Butti Omair Yousef Almheiri.
EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2020] DIFC CFI 065 — Procedural extension for the Eighth Defendant (07 December 2020)
The litigation under claim number CFI 065/2020 involves a substantial group of banking institutions acting as Claimants against a series of corporate entities and an individual respondent.
EMIRATES NBD BANK v ADVANCED FACILITIES MANAGEMENT [2020] DIFC CFI 065 — Procedural extension for the eighth defendant (22 November 2020)
The lawsuit, filed under case number CFI 065/2020, involves a substantial group of eight prominent banking institutions acting as claimants against a series of nine defendants. The claimants include Emirates NBD Bank, Al Khaliji France, HSBC Bank Middle East, United Arab Bank, United Bank, National…