Simon Hart
Partner, Financial Services Sector Lead
London
Overview
Cross-border, high-stakes, and legally complex, we acted for the UK arm of a major corporate group in a dispute with the UAE branch of a European bank, playing out across the UAE/UK trade corridor.
Approach
We represented the UK subsidiary of a major corporate group in an ad-hoc arbitration against the UAE branch of a European bank. The dispute centred on the bank’s alleged acquisition by assignment of a debt owed to a key supplier, one of the region’s largest petroleum product manufacturers. The arbitration raised issues under both English and DIFC law, highlighting the complexities of cross-border contractual claims.
Outcome
The matter concluded through a confidential settlement reached shortly before the merits hearing, securing closure without further proceedings and protecting our client’s wider business interests.
Impact
This case reflects RPC’s ability to guide clients through complex, cross-border disputes, particularly in and out of the Middle East. Our multi-jurisdictional expertise and strategic handling of sensitive issues helped deliver a commercially sound resolution.
"This matter called for sharp legal analysis, local insight, and a strategic grip on cross-border dynamics. Navigating both English and DIFC law, we worked closely with the client to protect their position and achieve a commercial outcome in a sensitive, high-stakes dispute."
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