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Stephen Ferris v Sanguine Investment Managers LLC and Christopher John Leach

Court of First Instance
CTFIC0055/2023
Neutral Citation
[2024] QIC (C) 8
Date
19 August 2024
Status
Keywords
Costs
Costs Assessment
Contempt of Court
Indemnity Costs
Before
Umar Azmeh
Summary

The Qatar Financial Centre Civil and Commercial Court ruled that Stephen Ferris, the Applicant, is to be paid $40,000 in costs by Sanguine Investment Managers LLC and Christopher John Leach, the Respondents, who were found in contempt of court for failing to comply with an asset disclosure order and making false representations. Despite being given the opportunity, the Respondents did not respond to the costs claim. The court rejected the Applicant's request for indemnity costs but deemed the $40,000 reasonable and proportionate. The ruling was made by Registrar Umar Azmeh on August 19, 2024.

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