The Rasmala Trade Finance Fund has entered voluntary liquidation after ending its defence against a winding up petition brought by majority shareholder Dubai Islamic Bank. The fund, which had a value of US$263mn as of late 2021, placed itself into the hands of liquidators on May 14, according to a Cayman Islands court document made…| Global Trade Review (GTR)
London's High Court has ruled that Trafigura does not have to repay Rasmala Trade Finance Fund US$21.6mn in a case involving forged documents| Global Trade Review (GTR)