sct 088/2020

Linee Commercial Bank v Levon [2020] DIFC SCT 088 — jurisdictional bifurcation of banking products (03 May 2020)

The dispute centered on the Claimant’s attempt to recover outstanding arrears from the Defendant, Levon, arising from two distinct financial products: a personal loan and a MasterCard Gold Credit Card. The Claimant sought a total recovery of AED 159,553.55, split between the two products.