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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 vs Prime Financial Solutions LLC and others
CTFIC0071/2023
Neutral Citation
[2024] QIC (C) 10
Date
25 August 2024
Status
Keywords
Before
Umar Azmeh
Summary
In a costs assessment judgment dated 25 August 2024, the Qatar Financial Centre Civil and Commercial Court ordered the Claimant, Amberberg Limited, to pay QAR 8,500 to the 5th Defendant, Remy Abboud, within seven days. The case, initiated in November 2023, involved Amberberg Limited against eight defendants related to disputes over shareholding in Prime Financial Solutions LLC. The court dismissed the claim against the 5th Defendant due to lack of jurisdiction. The 5th Defendant, representing herself, claimed QAR 26,600 for 133 hours of work, but the court assessed her reasonable costs at an hourly rate of QAR 100.
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