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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.
Amberberg Limited and Prime Financial Solutions LLC v Thomas Fewtrell, Nigel Perera and Louise Kidd
Case No. CTFIC0014/2021
Neutral Citation
[2023] QIC (F) 41
Date
07 September 2023
Status
Judges
Lord Hamilton
Fritz Brand
Helen Mountfield KC
Summary
In a case before the Qatar Financial Centre Civil and Commercial Court, Amberberg Limited and Prime Financial Solutions LLC sued Thomas Fewtrell, Nigel Perera, and Louise Kidd for breach of warranty under a Share Purchase Agreement. The court found the first three defendants liable to Amberberg Limited for nominal damages of QAR 5, while the claims against the fourth defendant were dismissed. The breach involved an undisclosed liability to Ms. Aycan Richards, which devalued the second claimant's shares. The quantum of damages was assessed, but the defendants did not participate in the hearing, citing financial incapacity.
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Lord Hamilton
Scotland
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Fritz Brand
South Africa
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Helen Mountfield KC
England
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