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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
[2024] QIC (C) 14
Date
15 September 2024
Status
Keywords
Before
Umar Azmeh
Summary
In a costs assessment judgment dated 15 September 2024, the Qatar Financial Centre Civil and Commercial Court ruled on the costs related to the case involving Amberberg Limited and Prime Financial Solutions LLC against four defendants. The court ordered the defendants to pay QAR 182,000 to the first claimant and the first claimant to pay QAR 28,000 to the defendants within 14 days. The case had a lengthy history, including a jurisdictional challenge and a withdrawn freezing order application, leading to a detailed costs assessment process. The court analyzed submissions from both parties to determine reasonable costs.
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