Rada Trading LLC FZC v (1) Wealth Bridge Trading Crude Oil And Refined Products Abroad LLC (2) Cohenrich Energy FZE [2021] DIFC CA 007 (07 September 2021)
The counterclaim adequately pleaded a written variation of the Settlement Agreement and alternative grounds for waiver of formal requirements. The judge erred in striking out the counterclaim at the pleading stage without exploration of evidence. The entire agreement clause and clause 13 do not preclude the possibility of variation or waiver under UAE law.
- Citation
- [2021] DIFC CA 007
- Parties
- Claimant/respondent: RADA TRADING LLC FZC; First Defendant: WEALTH BRIDGE TRADING CRUDE OIL AND REFINED PRODUCTS ABROAD LLC; Second Defendant/appellant: COHENRICH ENERGY FZE
- Jurisdiction
- United Arab Emirates
- Judgment Date
- 07 September 2021
- Procedural Posture
- Appeal / Judgment on Appeal Against Strike Out of Counterclaim
- Outcome
- Appeal allowed with costs
- Legal Topics
- Variation of Contract, Pleading Requirements, Waiver of Contractual Formalities, Electronic Signatures, Counterclaim Procedure
Case Brief
Summary, issues, holding and outcome
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Parties
RADA TRADING LLC FZC
Claimant/respondent
WEALTH BRIDGE TRADING CRUDE OIL AND REFINED PRODUCTS ABROAD LLC
First Defendant
COHENRICH ENERGY FZE
Second Defendant/appellant
Procedural Posture
Appeal / Judgment on Appeal Against Strike Out of Counterclaim
Legal Issues
- 1 Whether the counterclaim adequately pleaded a written variation of the Settlement Agreement
- 2 Whether the absence of attached documentary evidence invalidates the pleading
- 3 Whether the entire agreement clause or clause 13 precludes variation
Ratio Decidendi
The counterclaim adequately pleaded a written variation of the Settlement Agreement and alternative grounds for waiver of formal requirements. The judge erred in striking out the counterclaim at the pleading stage without exploration of evidence. The entire agreement clause and clause 13 do not preclude the possibility of variation or waiver under UAE law.
Court Disposition
Appeal allowed with costs
Orders
- The Appeal is allowed with costs.
- Costs to be assessed by the Registrar if not agreed.
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