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Judgments

Rudolfs Veiss v Prime Financial Solutions LLC

CTFIC0035/2022
Neutral Citation
[2024] QIC (F) 47
Date
30 October 2024
Status
Judges
Fritz Brand
Summary

The Qatar Financial Centre Civil and Commercial Court granted Rudolfs Veiss permission to proceed with his action against Prime Financial Solutions LLC, which had been stayed pending an appeal. Veiss, previously a director at PFS, sought indemnification for costs incurred in defending charges brought by the QFC Regulatory Authority. The Court had stayed the case awaiting the appeal's outcome, which has now concluded. Justice Fritz Brand found the application reasonable and not an abuse of process, thus allowing Veiss to continue his claim. Veiss was represented by Eversheds Sutherland (International) LLP.

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  • Fritz Brand

    South Africa

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