sct 172/2017

HERA BANK v HERMAN [2017] DIFC SCT 172 — Debt recovery and the enforceability of admitted credit obligations (16 October 2017)

The dispute arose from a breach of a financial agreement, specifically the ‘Hera Smart Loan, Credit Card Application Form’ entered into by the parties on 27 July 2014. Hera Bank (PJSC) sought to recover outstanding balances from the Defendant, Herman, following his failure to maintain monthly…