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Judge Narrows Century Financial's Trade Finance Dispute

Law360, London (November 12, 2018, 6:39 PM GMT) -- A claim by Century Financial Holdings that a Cyprus-based trading company had acted fraudulently and misled a London court at a trial over a trade finance dispute has been struck out, according to new documents filed in the case.

In an order handed down at the High Court on Oct. 30 but only recently made available, Judge Andrew Burrows struck out the actions brought by Century Financial against Jamtoff, a company incorporated in Cyprus used by parent group Alco-Naphtha to sell a type of polymer used in manufacturing to European customers.

Judge Burrows refused Century Financial's application for permission to appeal, saying...

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