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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.
Daruna For Real Estate Brokerage Co. LLC and Sheikh Nasser bin Abdulrahman bin Nasser Al Thani v Lesha Bank LLC
Case No. CTFIC0018/2021
Neutral Citation
[2021] QIC (F) 27
Date
23 December 2021
Status
Judges
Lord Hamilton
Fritz Brand
Dr. Muna Al-Marzouqi
Summary
The Qatar International Court dismissed Qatar First Bank LLC's application contesting the court's jurisdiction in a dispute with Daruna for Real Estate Brokerage Co. LLC and Sheikh Nasser bin Abdulrahman bin Nasser Al Thani. The case involves a failed residential project for laborers in Umm Slal, Qatar. The Claimants seek substantial compensation for direct damage, lost profits, and reputational harm, alleging the Defendant failed to fulfill its financing commitment. The Court determined there is a prima facie basis for jurisdiction under the relevant QFC Law, thus allowing the case to proceed.
Judges
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Lord Hamilton
Scotland
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Fritz Brand
South Africa
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Dr. Muna Al-Marzouqi
Qatar
Judgment Content
Appellate History
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11
Jul 2023
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