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Judgments

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

  • Lord Hamilton

    Scotland

  • Fritz Brand

    South Africa

  • Dr. Muna Al-Marzouqi

    Qatar

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