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KBF Trading and Contracting Company WLL v (1) Akram Hidri and (2) Creatrea LLC

Court of First Instance
CTFIC0012/2022 KBF Trading and Contracting Company WLL v (1) Akram Hidri and (2) Creatrea LLC
Neutral Citation
[2022] QIC (F) 19
Date
27 October 2022
Status
Keywords
Contract
Qatar Civil Code
Shareholders agreement
Share transfer agreement
Judges
Her Honour Frances Kirkham CBE
George Arestis
Dr. Rashid Hamad Al-Anezi
Summary

In a case adjudicated by the Qatar International Court, KBF Trading and Contracting Company WLL (the Claimant) filed claims against Mr. Akram Hidri and Creatrea LLC (the Defendants) concerning a Shareholder Agreement and a Share Transfer Agreement. The court found that neither party's claims were successful and made no order for costs. The agreements involved the transfer of 50% of shares in Creatrea, with specified financial commitments by the Claimant. Despite several payments and attempts to register shareholding, disputes arose over unpaid sums and use of invested funds. The court concluded with no determinations on certain disputed payments due to lack of evidence.

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Judges

  • Her Honour Frances Kirkham CBE

    England

  • George Arestis

    Cyprus

  • Dr. Rashid Hamad Al-Anezi

    Kuwait

Judgment Content

Appellate History

Other Judgments related to the same case

CTFIC0012/2022 KBF Trading and Contracting Company WLL v (1) Akram Hidri and (2) Creatrea LLC

  • Judgment No:

    [2023] QIC (A) 10

    03 October 2023
    View

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