CAFI - Commodity & Freight Integrators DMCC v GTCS Trading DMCC [2025] EWHC 1350 (Comm) (03.06.2025)

CAFI and GCTS replaced their original rice sale contract with a second one after Sanctions and payment issues arose. Despite this, GCTS later claimed damages under the first contract. The GAFTA Board ruled against CAFI, but the High Court found GAFTA could not ignore the second contract, so CAFI’s challenge succeeded and the Award was set aside.

Read the full judgment here.