sct 262/2019

Lulia v Leltin Investment Bank Limited [2019] DIFC SCT 262 — Enforcement of Article 18 penalties despite corporate liquidity issues (28 October 2019)

The dispute concerned the failure of Leltin Investment Bank Limited to settle the final entitlements of its former employee, Lulia, following the termination of his employment. The Claimant initially filed for a smaller sum, but after a failed settlement agreement and the subsequent setting aside…