Michael Black QC successfully defends challenge to DIFC Courts’ jurisdiction

A significant judgment has been issued by the DIFC Court of Appeal in Ashok Kumar Goel and others v Credit Suisse (Switzerland) Ltd (CA-002-2021).

Michael Black QC (instructed by Clyde & Co, Dubai) successfully represented Credit Suisse in defending a challenge to the DIFC Courts’ jurisdiction on the basis of “Courts of Dubai” wording contained in a jurisdiction clause and Article 5(A)(2) of the Judicial Authority Law. This is the first ‘opt-in’ case to be considered since the opt-in provisions came into force in 2011 and an important development for the DIFC Courts’ established line of jurisprudence.

The judgment is here and a press release about the case can be viewed here.