Claim No. CFI 028/2011
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE DIFC COURTS OF FIRST INSTANCE
BETWEEN
| CLIFFORD CHANCE LLP | Claimants |
and GULF HOLDING COMPANY | Defendant |
DEFAULT JUDGMENT MADE BY JUDICIAL OFFICER MAHA ALMEHAIRI
UPON the request made by the Claimant on 12 May 2013 for a Default Judgment in accordance with DIFC
The Dubai International Financial Centre.
" href="/glossary/difc/">DIFC-Complinet/difccourts.complinet.com/global-rulebooks/display/display8d41.html?rbid=2725&element_id=5384" target="_blank">rule 13.1 (2) of the Rules of the
DIFC Courts ("RDC"), it is found as follows:
1. The request is not one prohibited by RDC
13.3.
2. The Defendant has failed to file an Acknowledgment of
Service or a Defence to the claim (or any part of the claim) with the DIFC Courts and the relevant time for so doing has expired (RDC
13.4).
3. The Claimant has followed the required procedure for obtaining Default Judgment [RDC
13.7 and
13.8].
4. The request includes a request for interest pursuant to RDC
13.14 and the Claim Form sets out the calculation of interest in the claim.
ACCORDINGLY IT IS HEREBY ORDERED THAT:
5. The request is granted.
6. The Defendant shall pay to the Claimant the amount of US$ 773,921.22 within 14 days.
7. The Defendant shall pay interest to the Claimant at a rate of 4.45625% (EIBOR + 3%) per annum from 19 April 2011 until 12 May 2013; being a total of US$ 71,150.97.
Issued by:
Maha AlMehairi
Judicial Officer
Date of issue: 13 May 2013
Time: 3pm
