Jessica Solsberg

Oct 4, 2024 | lawgazette.co.uk | John McElroy |Jessica Solsberg

The recent judgment of Mr Justice Calver in Invest Bank PSC v El-Husseini demonstrates the hard stance a court will take when parties fail to adhere to court timelines, thus hindering the efficient conduct of litigation. The case involved a dispute over alleged fraudulent asset transfers whereby Invest Bank, a United Arab Emirates-based bank, claimed that Mr El-Husseini transferred assets at an undervalue to avoid paying debts and putting his assets out of reach to creditors.