CFI 014/2015 Orient Insurance Pjsc v (1) ABN Amro Bank N.V. (2) Bank of Baroda (3) CITI Bank N.A. (4) Credit Suisse AG (5) Emirates NBD Bank Pjsc (6) Mashreq Bank Pjsc (7) Noor Islamic Bank Pjsc (8) Glints Global General Trading LLC
CFI 014/2015 Orient Insurance Pjsc v (1) ABN Amro Bank N.V. (2) Bank of Baroda (3) CITI Bank N.A. (4) Credit Suisse AG (5) Emirates NBD Bank Pjsc (6) Mashreq Bank Pjsc (7) Noor Islamic Bank Pjsc (8) Glints Global General Trading LLC
March 22, 2017  court of first instance - Orders,Orders
Claim No: CFI-014-2015
IN THE DUBAI INTERNATIONAL FINANCIAL CENTRE
COURTS
IN THE
COURT
OF FIRST INSTANCE
ORIENT INSURANCE PJSC
Claimant
and
(1) ABN AMRO BANK N.V.
(2) BANK OF BARODA
(3) CITI BANK N.A.
(4) CREDIT SUISSE AG
(5) EMIRATES NBD BANK PJSC
(6) MASHREQ BANK PJSC
(7) NOOR ISLAMIC BANK PJSC
(8) GLINTS GLOBAL GENERAL TRADING LLC
Defendants
CONSENT ORDER
UPON
the Claimant and the Sixth and Seventh Defendants having fully and finally settled the claim by Claimant against the Sixth and Seventh Defendants in Case Number CFI-014-2015 and in the International Chamber of Commerce (“ICC”) arbitration proceedings registered under ICC reference 21435/ZF
IT IS HEREBY ORDERED BY CONSENT:
1. The Consent Order, signed on behalf of the Claimant and the Sixth and Seventh Defendants, dated 27 January 2016 be
set aside
.
2. That the Case be discontinued pursuant to the Notice of Discontinuance filed by the Claimant dated 9 February 2017.
3.There be no order as to costs.
Issued by:
Maha Al Mehairi
Judicial Officer
Date of issue 22 March 2017
At: 11am