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Through its supervisory arbitrational jurisdiction under Law No 2 of 2017 issuing the Arbitration Law in Civil and Commercial Matters, parties can elect the QICDRC as the “Competent Court” of arbitration to perform various functions in relation to interim measures, enforcement of awards and appeals.
Zaid Al-Salman v Rashid Al-Mansoori
CTFIC0029/2022
Neutral Citation
[2023] QIC (F) 28
Date
04 July 2023
Status
Keywords
Judges
Lord Hamilton
Fritz Brand
Ali Malek KC
Summary
In a legal case in the Qatar Financial Centre Civil and Commercial Court, the defendant, Rashid Al-Mansoori, was ordered to pay the claimant, Zaid Al-Salman, QAR 106,200 for account receivables and QAR 10,271 in pre-judgment interest. Post-judgment interest will accrue at 5% per annum, increasing to 7% if not fully paid by August 3, 2023. Al-Salman's claim for loss of earnings from his terminated employment was dismissed. The court also ruled that Al-Salman is entitled to reasonable costs from Al-Mansoori. The dispute centered on unpaid sums from a share transfer agreement and loss of subsequent employment.
Judges
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Lord Hamilton
Scotland
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Fritz Brand
South Africa
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Ali Malek KC
England
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