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Judgments

Rudolfs Veiss v Prime Financial Solutions LLC

CTFIC0035/2022
Neutral Citation
[2025] QIC (F) 8
Date
16 February 2025
Status
Judges
Fritz Brand
Summary

In a ruling by Justice Fritz Brand of the Qatar Financial Centre Civil and Commercial Court, Prime Financial Solutions LLC is ordered to pay Rudolfs Veiss for legal costs incurred. Veiss, a former head of business and director at Prime Financial, sought indemnity for legal fees from defending criminal and regulatory proceedings initiated by the Qatar Financial Centre Regulatory Authority (QFCRA). He was acquitted in criminal court and partially successful in regulatory appeals. The court found no reasonable defense by Prime Financial and upheld Veiss’s claims for legal costs, totaling QAR 783,787.50 and GBP 298,530.00.

Judges

  • Fritz Brand

    South Africa

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