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RADA TRADING LLC FZC v WEALTH BRIDGE TRADING CRUDE OIL AND REFINED PRODUCTS ABROAD LLC [2022] DIFC CFI 082 — Default Costs Certificate issuance (23 November 2022)
This order clarifies the procedural consequences of a party’s failure to contest a bill of costs within the DIFC Court’s strict 21-day window for filing Points of Dispute.
RADA TRADING v WEALTH BRIDGE TRADING [2021] DIFC CFI 082 — Order for cessation of legal representation (26 October 2021)
The litigation involving Rada Trading LLC FZC against Wealth Bridge Trading Crude Oil and Refined Products Abroad LLC and Cohenrich Energy FZE reached a procedural juncture regarding the continuity of legal representation.
RADA TRADING v WEALTH BRIDGE TRADING [2021] DIFC CFI 082 — Permission to appeal granted (17 June 2021)
The litigation concerns a commercial dispute initiated by Rada Trading LLC FZC against two defendants: Wealth Bridge Trading Crude Oil and Refined Products Abroad LLC and Cohenrich Energy FZE. Following the substantive judgment issued by H.E.
RADA TRADING v WEALTH BRIDGE TRADING [2021] DIFC CFI 082 — Procedural extension for appellate filings (13 June 2021)
In the matter of CFI 082/2020, the Second Defendant, Cohenrich Energy FZE, found itself in a position where the standard deadline for filing an application for permission to appeal had lapsed.
RADA TRADING LLC FZC v WEALTH BRIDGE TRADING CRUDE OIL AND REFINED PRODUCTS ABROAD LLC [2020] DIFC CFI 082 — Strike out of claims regarding settlement agreement liability (11 April 2021)
The dispute centered on a significant financial shortfall arising from oil product transactions between the Claimant, Rada Trading, and the First Defendant, Wealth Bridge. Following market fluctuations, the Claimant asserted that it had made a substantial overpayment to the First Defendant.