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CFI 021/2015 Theron Entertainment llc v MAG Financial Services llc

CFI 021/2015 Theron Entertainment llc v MAG Financial Services llc

November 24, 2015

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Claim No: CFI 021/2015

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

 

IN THE COURT OF FIRST INSTANCE

BEFORE H.E. JUSTICE ALI AL MADHANI                      

BETWEEN

THERON ENTERTAINMENT LLC

                                                                                          Claimant

and

MAG FINANCIAL SERVICES LLC

Defendant


   ORDER OF H.E. JUSTICE ALI AL MADHANI


UPON reviewing the Claimant’s Application Notice CFI 021-2015/4 dated 2 November 2015 seeking an order for the Defendant to deposit into Court original cheques and to return to the Claimant other post-dated cheques (“the Application”)

AND UPON hearing Counsel for the Claimant and Counsel for the Defendant at a hearing on 24 November 2015

AND UPON reading the relevant material in the case file

IT IS HEREBY ORDERED THAT:

1. The Defendant shall deposit into Court the original cheque dated 10 November 2015 until further direction by this Court or the determination of the substantive claim.

2. The Defendant shall return to the Claimant the following cheques dated:

(i) 10 May 2016

(ii) 10 November 2016

(iii) 10 May 2017

(iv) 10 November 2017

(v) 10 May 2018

(vi) 10 November 2018

3. The Claimant is to provide an undertaking to the Court in relation to the cheque dated 10 November 2015, in accordance with Rule 25.25 of the Rules of the DIFC Courts.

4. Costs in relation to this application are to be costs in the case.

 

Issued by:

Natasha Bakirci

Assistant Registrar

Date of issue: 24 November 2015

At: 4pm

 

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