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CFI 036/2016 (1) Barclays Bank PLC (2) Credit Suisse Loan Funding L.L.C. (3) Midtown Acquistions L.P. (4) Special Situations Investing Group Inc. v Essar Global Fund Limited

CFI 036/2016 (1) Barclays Bank PLC (2) Credit Suisse Loan Funding L.L.C. (3) Midtown Acquistions L.P. (4) Special Situations Investing Group Inc. v Essar Global Fund Limited

June 29, 2017

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Claim No: CFI-036-2016

 

IN THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

BETWEEN

 

(1) BARCLAYS BANK PLC

(2) CREDIT SUISSE LOAN FUNDING LLC

(3) MIDTOWN ACQUISITIONS LP

(4) SPECIAL SITUATIONS INVESTING GROUP INC

Claimants

and

 

ESSAR GLOBAL FUND LIMITED

Defendant


ORDER OF JUDICIAL OFFICER MAHA AL  MEHAIRI 


UPON reviewing the Third Claimant’s application notice dated 15 May 2017 seeking interim costs on account

AND UPON reviewing the Judgment of Justice Sir Richard Field with Amended Order dated 13 and 20 April 2017, respectively

AND UPON reviewing the Third Claimant’s costs schedule

IT IS HEREBY ORDERED THAT the Defendant shall pay the amount of USD 225,905.90 on account, 14 days from the date of this Order, being 50% of the Third Claimant’s costs, as ordered in Paragraph 3 of the Amended Order of Justice Sir Richard Field dated 20 April 2017.

 

Issued by:

Maha AlMehairi

Judicial Officer

Date of issue: 29 June 2017

At: 3pm