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CFI 029/2009 – Amended Order

CFI 029/2009 – Amended Order

May 11, 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

 

AMENDED ORDER

UPON reviewing the Defendants/Receiving Parties’ request for a Final Costs Certificate;

IT IS ORDERED THAT:

 

1. The requested Final Costs Certificate is granted.

 

2. Within 14 days Ms. Aldisi is ordered to pay to the Defendants AED 178,087.50 (being the difference between costs assessed on the standard basis and the costs assessed on the indemnity basis, plus one half of the costs assessed on the standard basis) and Mr. Saleem is ordered to pay to the Defendants AED 132,687.50 (being half of the costs assessed on the standard basis).

 

3. If, after 14 days, Ms. Aldisi and Mr. Saleem have failed to pay the amounts set out in paragraph 2 above (upto AED 265,375) 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: 11 May 2011
At: 12.30pm

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