-
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.
Amberberg Limited vs Prime Financial Solutions LLC and others
CTFIC0071/2023
Neutral Citation
[2024] QIC (F) 36
Date
04 August 2024
Status
Judges
Fritz Brand
Summary
Amberberg Limited sought permission to stay or revoke a Security for Costs Order in a case against multiple defendants, but the Qatar Financial Centre Civil and Commercial Court refused the application. The court upheld an earlier Litigation Restraint Order, precluding the applicant from making claims without permission. The applicant's request to amend or revoke the security order based on contractual indemnity and insurance provisions was deemed to have no prospects of success. The applicant failed to pay the first tranche of the security amount. Justice Fritz Brand ruled the application as a rehashed, previously refused request.
Judges
-
Fritz Brand
South Africa
Judgment Content
Newsletter
© 2024 All rights reserved.
Accessibility Tools