1,983 results found

The DIFC Court of First Instance has applied the precedent set in Oheo Bank v Parker to set aside an entire DIAC arbitral award, marking the first time a complete award has been invalidated on procedural fairness grounds. The case involved a dispute over diesel cargo delivery where the tribunal decided on unpleaded issues, denying one party the opportunity to present its case on matters fundamental to the outcome.

The Consumer Financial Protection Bureau's (CFPB) recent Consumer Alert was certainly well intentioned. Many consumers (including the authors) who hold funds in payment apps (such as Venmo and Paypal)...