SBM Bank (Mauritius) Ltd v Renish Petroleum FZE

Rupert Reed KC and James Weale acted for the Claimant bank in a US$30m fraud claim against various defendants in proceedings in the DIFC in SBM Bank (Mauritius) Ltd v Renish Petroleum FZE (CFI 054/2018). Having successfully obtained summary judgment against the first two defendants, the trial against the third defendant has been listed in December 2021. A committal application against the first two defendants took place in January 2021.

Related Barristers

Rupert Reed KC

Call: 1996
Silk: 2014

James Weale KC has a very busy commercial chancery practice with a focus on domestic and international commercial and trusts disputes.

He is recognised as a leading practitioner in those fields by Chambers & Partners, Legal 500, Chambers Global, Chambers High Net Worth, and Who’s Who Legal, where they describe him as a “brilliant lawyer” and a “Superstar”. He was Chambers & Partners’ Chancery Junior of the Year in 2023.

He regularly appears (both as sole and junior counsel) in the English High Court and has appeared several times in the Court of Appeal. He also has considerable experience in overseas jurisdictions (including as sole counsel), including Bermuda, the DIFC, the BVI, Cayman, Jersey, Guernsey, Gibraltar and Panama.