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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.
Stephen Ferris v Sanguine Investment Managers LLC and Christopher John Leach
CTFIC0055/2023
Neutral Citation
[2024] QIC (E) 1
Date
14 February 2024
Status
Judges
Dr. Muna Al-Marzouqi
Summary
The Qatar Financial Centre Civil and Commercial Court, presided by Justice Dr. Muna Al-Marzouqi, ruled on 14 February 2024 that Sanguine Investment Managers LLC and Christopher John Leach are in contempt of court for failing to comply with multiple court orders, including payment judgments and disclosure of assets. The case stemmed from a financial dispute and a settlement agreement dated 24 June 2022, which the Respondents failed to honor. Each Respondent must pay a QAR 25,000 penalty and cover the Applicant's reasonable legal costs. The court allowed the hearing to proceed in the absence of the Respondents.
Judges
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Dr. Muna Al-Marzouqi
Qatar
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