September 30, 2019 Court of Appeal - Orders
Claim No: CA-010-2019
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF APPEAL
BEFORE CHIEF JUSTICE ZAKI AZMI, JUSTICE H.E. OMAR AL MUHAIRI, H.E. JUSTICE ALI AL MADHANI
BETWEEN:
(1) FIRST ABU DHABI BANK PJSC
(2) FAB SECURITIES LLC
Appellants
and
LARMAG HOLDING B.V.
Respondent
ORDER OF THE COURT OF APPEAL
UPON the Appellants’ appeal against the jurisdictional ruling of Justice Sir Richard Field dated 4 August 2019 (“Appeal”)
UPON permission to Appeal being granted 1 September 2019
UPON the hearing parties’ Counsel at the hearing on 25 September 2019; Rupert Reed QC for the Appellants and Michael Black for the Respondent
AND UPON reading the relevant documentation on the Court file
IT IS HEREBY ORDERED THAT:
1.The Appeal is dismissed. Reasons will follow.
2. Costs of the Appeal are reserved pending written submissions from the parties due by 4.00pm on 2 October 2019.
Issued by:
Nour Hineidi
Date of issue: 30 September 2019
At: 2pm
