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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.
Ms Ileana Mercedes D’Lacoste Agudelo and Ms Eniluz Jhoana Gonzalez Aponte v Horizon Crescent Wealth LLC and Others and Qatar Financial Centre Regulatory Authority
Case Nos. 6 and 7 of 2018
Neutral Citation
[2022] QIC (F) 8
Date
08 June 2022
Status
Judges
Sir William Blair
Her Honour Frances Kirkham CBE
Dr. Rashid Hamad Al-Anezi
Summary
In the Qatar International Court, Justices Frances Kirkham, William Blair, and Rashid Al Anezi reviewed the Claimants’ application to withdraw their claims against Horizon Crescent Wealth LLC and others. The Defendants did not respond within the prescribed time. The Qatar Financial Centre Regulatory Authority supported the withdrawal and requested the discharge of an existing freezing order. The Court ordered the discontinuation of proceedings, lifted the freezing injunction dated 9 May 2019, and ruled that no party would be responsible for costs. The Claimants were represented by Fieldfisher, while the Defendants made no representations.
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Sir William Blair
England
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Her Honour Frances Kirkham CBE
England
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Dr. Rashid Hamad Al-Anezi
Kuwait
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