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Practice – Summary judgment. Following allegations of fraud in property development in Dubai, the defendant bank entered into a restructuring agreement (the RSA) with a number of parties, including the claimant. It subsequently claimed that the defendant had breached the RSA. The claimant commenced proceedings, and applied for summary judgment. The Commercial Court held that, on the expert evidence, it was not possible to conclude that the bank's case was fanciful, and dismissed the application.
Practice – Summary judgment. Following allegations of fraud in property development in Dubai, the defendant bank entered into a restructuring agreement (the RSA) with a number of parties, including the claimant. It subsequently claimed that the defendant had breached the RSA. The claimant commenced proceedings, and applied for summary judgment. The Commercial Court held that, on the expert evidence, it was not possible to conclude that the bank's case was fanciful, and dismissed the application.
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Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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