DCC 380/2011
Type
Case
Court
Dubai Court of Cassation
Jurisdiction
Dubai, United Arab Emirates
Taxonomy
Financial Institutions, Agency, Types of Contract, Companies & Corporate Bodies
Copyright
LexisNexis
Decision date
3 Apr 2012
Catchwords
Bank – Agent – Investment Account – Contract – Capacity – Investment Fund Company
This case involved whether a bank had legal capacity to be involved in a law suit when their client had a contract with them on an investment product. However, the investment fund had its own legal personality as a company based in Jersey.
Background