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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) 11
Date
29 August 2024
Status
Keywords
Before
Umar Azmeh
Summary
The Qatar Financial Centre Civil and Commercial Court ruled on a costs assessment in the case of Amberberg Limited v. Prime Financial Solutions LLC and others, including Qatar General Insurance & Reinsurance Company QPSC (8th Defendant). The court ordered the Claimant to pay QAR 421,000 to the 8th Defendant within 14 days. The 8th Defendant's summary judgment application was granted, finding the Claimant’s case and disclosure application entirely without merit. The court considered costs based on proportionality, conduct, and attempts at resolution. The 8th Defendant’s costs, totaling QAR 789,427.16, were deemed reasonable and necessary due to the complexity and nature of the case.
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