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LARMAG HOLDING v FIRST ABU DHABI BANK [2022] DIFC CFI 054 — Clarifying the procedural finality of failed appeals (25 August 2022)
The dispute concerns the procedural aftermath of a failed attempt by the Third Defendant (D3) to challenge a judgment delivered on 15 August 2021. Larmag Holding B.V. had successfully navigated the litigation against multiple respondents, including First Abu Dhabi Bank PJSC and Mr Abdullah Saeed…
LARMAG HOLDING v FIRST ABU DHABI BANK [2022] DIFC CFI 054 — Refusal of extension of time to appeal following fraud judgment (19 August 2022)
The DIFC Court of First Instance denied a third defendant’s application for an extension of time to appeal, ruling that the underlying jurisdictional challenge was both procedurally barred and substantively meritless.
LARMAG HOLDING BV v FIRST ABU DHABI BANK [2021] DIFC CFI 054 — Procedural extension for freezing order and unless order hearings (23 November 2021)
The litigation involves a complex multi-party dispute where Larmag Holding BV seeks relief against First Abu Dhabi Bank, FAB Securities, and individual defendants including Abdulla Saeed Bakheet Obaid Aljaberi.
LARMAG HOLDING BV v FIRST ABU DHABI BANK [2021] DIFC CFI 054 — procedural consolidation of injunction and unless order applications (18 November 2021)
The dispute in CFI 054/2019 involves Larmag Holding BV as the Claimant against a multi-party Respondent group, including First Abu Dhabi Bank PJSC, FAB Securities LLC, and several individual and corporate entities.
LARMAG HOLDING BV v FIRST ABU DHABI BANK [2019] DIFC CFI 054 — Limited legal representation for interlocutory applications (28 October 2021)
The Court of First Instance clarifies the scope of legal representation requirements, permitting a defendant to retain counsel for a specific "Unless Order" application despite failing to formally come on the record for the entirety of the proceedings.
LARMAG HOLDING BV v ABDULLA SAEED BAKHEET OBAID ALJABERI [2019] DIFC CFI 054 — Post-judgment freezing order enforcement (20 October 2021)
The DIFC Court of First Instance clarifies the procedural requirements for maintaining asset protection following a substantial money judgment, affirming the court's power to issue fresh freezing injunctions to prevent the dissipation of assets by judgment debtors.
LARMAG HOLDING B.V. v FIRST ABU DHABI BANK [2019] DIFC CFI 054 — Fraudulent misappropriation of corporate bonds (30 August 2021)
The lawsuit centered on the alleged fraudulent inducement of Larmag Holding B.V. to transfer EUR 70 million in Reditum SA corporate bonds into an account held by the Third Defendant, Mr Abdulla Saeed Bakheet Obaid Aljaberi, at FAB Securities LLC.
LARMAG HOLDING v FIRST ABU DHABI BANK [2019] DIFC CFI 054 — Fraudulent bond misappropriation and the limits of punitive damages (15 August 2021)
The dispute centers on the alleged fraudulent inducement of Larmag Holding B.V. (Larmag) to transfer 70,000 Reditum SA corporate bonds—valued at EUR 70 million—into an account held by the Third Defendant, Mr Abdulla Saeed Bakheet Obaid Aljaberi, at FAB Securities LLC.
LARMAG HOLDING B.V. v FIRST ABU DHABI BANK [2021] DIFC CFI 054 — Alternative service via email (01 July 2021)
The litigation involves a complex dispute between the Claimant, Larmag Holding B.V., and multiple defendants, including First Abu Dhabi Bank PJSC, FAB Securities LLC, and the Third Defendant, Mr. Abdulla Saeed Bakheet Obaid Aljaberi.
LARMAG HOLDING v FIRST ABU DHABI BANK [2021] DIFC CFI 054 — Procedural withdrawal of legal representation (17 June 2021)
The Court of First Instance formalizes the withdrawal of legal counsel for the Third Defendant, ensuring the integrity of the service record in a complex multi-party dispute.
LARMAG HOLDING B.V. v FIRST ABU DHABI BANK [2021] DIFC CFI 054 — Further disclosure in aid of freezing injunction (27 May 2021)
The lawsuit concerns a complex dispute involving the alleged dissipation of assets, specifically Reditum S.A. corporate bonds and their associated proceeds. Larmag Holding B.V. (the Applicant) initiated these proceedings to secure its position through a series of freezing injunctions, ultimately…
LARMAG HOLDING v FIRST ABU DHABI BANK [2021] DIFC CFI 054 — Amendment of pleadings and multiple damages (10 February 2021)
The DIFC Court of First Instance clarifies the threshold for late-stage amendments to pleadings, confirming that the introduction of claims for multiple damages under the DIFC Law of Damages and Remedies does not necessarily constitute unfair prejudice to defendants.
LARMAG HOLDING B.V. v FIRST ABU DHABI BANK [2020] DIFC CFI 054 — Pre-Trial Review and Expert Evidence Scheduling (30 November 2020)
The DIFC Court of First Instance formalizes the procedural roadmap for a complex multi-party dispute, mandating remote trial protocols and strict forensic accounting deadlines.
LARMAG HOLDING v FIRST ABU DHABI BANK [2020] DIFC CFI 054 — Procedural variation of litigation deadlines (08 November 2020)
The litigation under case number CFI 054/2019 involves complex claims brought by Larmag Holding B.V. against a multi-party respondent group, including First Abu Dhabi Bank PJSC, FAB Securities LLC, and several individual and corporate defendants.
LARMAG HOLDING B.V. v FIRST ABU DHABI BANK [2020] DIFC CFI 054 — Procedural variation of expert evidence timelines (17 September 2020)
The lawsuit involves Larmag Holding B.V. as the Claimant against a multi-party Respondent group, including First Abu Dhabi Bank PJSC, FAB Securities LLC, and several individual and corporate defendants.
LARMAG HOLDING B.V. v FIRST ABU DHABI BANK [2020] DIFC CFI 054 — Procedural adjustment for witness evidence (27 August 2020)
The litigation, registered under case number CFI 054/2019, involves Larmag Holding B.V. as the Claimant against a multi-party respondent group including First Abu Dhabi Bank, FAB Securities, and individual defendants including Mr. Abdulla Saeed Bakheet Obaid Aljaberi.
LARMAG HOLDING v FIRST ABU DHABI BANK [2020] DIFC CFI 054 — Procedural extension for witness evidence (12 August 2020)
The litigation in CFI 054/2019 involves the Claimant, Larmag Holding B.V., and a multi-party respondent group including First Abu Dhabi Bank, FAB Securities, Mr. Abdulla Saeed Bakheet Obaid Aljaberi, Mr. Ali Mohamed, and Elite Holding Group Limited.
LARMAG HOLDING B.V. v FIRST ABU DHABI BANK [2020] DIFC CFI 054 — Judicial Officer Maha Al Mehairi’s ruling on Redfern schedule disclosure (14 July 2020)
The litigation involves a complex dispute between the Claimant, Larmag Holding B.V., and a series of defendants, including First Abu Dhabi Bank PJSC, FAB Securities LLC, and individual defendants including Mr. Abdulla Saeed Bakheet Obaid Aljaberi.
LARMAG HOLDING B.V. v FIRST ABU DHABI BANK [2020] DIFC CFI 054 — Judicial Officer ruling on Redfern schedule disclosure (08 July 2020)
The litigation involves a complex multi-party dispute where Larmag Holding B.V. (the Claimant) sought extensive document production from First Abu Dhabi Bank PJSC, FAB Securities LLC, Mr. Abdulla Saeed Bakheet Obaid Aljaberi (the Third Defendant), Mr. Ali Mohamed, and Elite Holding Group Limited.
SBM BANK v RENISH PETROCHEM [2022] DIFC CFI 054 — Procedural consent order for appellate determination (28 June 2022)
The litigation, initiated under CFI 054/2018, involves a complex banking dispute between SBM Bank (Mauritius) Ltd and a group of defendants, including Renish Petrochem FZE, Mr. Hiteshkumar Chinubhai Mehta, Prime Energy FZE, and the National Bank of Kuwait S.A.K.P.
SBM BANK v RENISH PETROCHEM [2022] DIFC CFI 054 — Refusal to set aside judgment following trial non-attendance (13 May 2022)
The DIFC Court of First Instance clarifies the threshold for setting aside judgments obtained in a party's absence, affirming that tactical withdrawal from trial does not constitute a valid ground for relief.
SBM BANK v RENISH PETROCHEM [2022] DIFC CFI 054 — Procedural consolidation of set aside and appeal applications (01 April 2022)
The litigation concerns a high-stakes banking and finance dispute involving SBM Bank (Mauritius) Ltd as the Claimant and a group of entities and individuals, including Renish Petrochem FZE and Mr. Hiteshkumar Chinubhai Mehta, as Defendants.
SBM BANK v RENISH PETROCHEM [2022] DIFC CFI 054 — Procedural order on retrospective time extensions (22 March 2022)
The litigation, CFI 054/2018, concerns a complex trade finance fraud scheme involving SBM Bank (Mauritius) Ltd and several respondents, including Renish Petrochem FZE and Mr. Hiteshkumar Chinubhai Mehta.
SBM BANK v RENISH PETROCHEM [2022] DIFC CFI 054 — Procedural consent order for contempt sanctions and purge application (26 January 2022)
The underlying litigation involves a high-stakes trade finance fraud claim brought by SBM Bank (Mauritius) Ltd against Renish Petrochem FZE and its principal, Mr. Hiteshkumar Chinubhai Mehta.