sct 313/2020

Lutiner Bank v Lactone [2020] DIFC SCT 313 — Debt recovery and the limits of financial hardship defenses (25 October 2020)

The dispute centers on a breach of contract claim initiated by Lutiner Bank regarding an unpaid loan facility. The parties entered into a ‘Lutiner Salam Smart Finance Application Form’ on 13 March 2018, under which the bank disbursed funds to the defendant.