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CFI 029/2009 – Order

CFI 029/2009 – Order

April 26, 2011

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CLAIM NO: CFI 029/2009

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

Between


(1) SHEREEN ALDISI
(2) ESSAM HUSNI ABOUDI
(3) GHADA NABIL GOHAR MOHAMAD
(4) AFROZE HUSAIN ZUBAIRI
(5) ALI KHADER
(6) MAJDI ABU KHADER
(7) FAZEEL SHEIKH
(8) HASHAAM SIDDIQ
(9) NABIL HAJ ALI
(10) NOUR SALEEM
(11) AHMAD AL AQQAD
(12) NATALIE JEYNES
(13) FIRAS CHAHINE
Claimants/Applicants
and
(1) ORION HOLDING OVERSEAS LIMITED
(2) ORION CAPITAL LIMITED
(3) ORION TRADESOFT FZ-LLC
(4) ORION BROKERS DMCC (DME)
(5) ORION GLOBAL FINANCIAL SERVICES LLC
(6) ORION FINANCIAL FZ-LLC
Defendants/Respondents

 

ORDER

UPON reviewing the Defendants/Receiving Parties’ request for a Final Default Costs Certificate and based on Defendants/Receiving Parties’ certifications that the Claimants/Paying Parties have not served points of dispute within the required 21 day period in accordance with Part 40.15 of the Rules of the DIFC Courts:

IT IS ORDERED THAT:

1. The requested Default Costs Certificate is granted.

 

2. Within 14 days Ms. Aldisi is ordered to pay to the Defendants AED 178,087.50 and Mr. Saleem is ordered to pay to the Defendants AED 132,687.50.

 

3. Each of the remaining Claimants is liable to pay up to the standard amount (“AED 265,375“), in such a way that:

 

a. Their liability stands behind that of Ms. Aldisi and Mr. Saleem; and

 

b. They are entitled to an indemnity from Ms. Aldisi and Mr. Saleem in respect of any costs which they do have to pay; and

 

c. As between themselves, they bear equally the costs which are not paid by Ms. Aldisi and Mr. Saleem.

 

Mark Beer
Registrar
Date of Issue: 26 April 2011
At: 12.30pm

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