September 29, 2020 COURT OF APPEAL - JUDGMENTS
Claim No: CA 003/2020
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
In the name of His Highness Sheikh Mohammad Bin Rashid Al Maktoum, Ruler of Dubai
IN THE COURT OF APPEAL
BEFORE CHIEF JUSTICE ZAKI AZMI, JUSTICE ROGER GILES AND JUSTICE ROBERT FRENCH
BETWEEN
HEXAGON HOLDINGS (CAYMAN) LIMITED
Claimant/Appellant
and
(1) DUBAI INTERNATIONAL FINANCIAL CENTRE AUTHORITY
(2) DUBAI INTERNATIONAL FINANCIAL CENTRE INVESTMENTS LLC
Defendants/Respondents
JUDGMENT
Hearing : | 27 September 2020 |
---|---|
Counsel : | Mr Thomas Sprange QC instructed by King & Spalding for the Appellant. Mr Graham Lovett instructed by Gibson, Dunn & Crutcher LLP for the Respondents. |
Judgment : | 27 September 2020 |
ORDER
UPON the Judgment of H.E Justice Ali Al Madhani issued on 25 March 2020
AND UPON reviewing the Claimant’s application dated 16 April 2020 seeking permission to appeal the Order of H.E. Justice Ali Al Madhani dated 25 March 2020 (the “Application”)
AND UPON considering the Respondents’ submissions in response filed on 6 May 2020
AND UPON the Order of H.E Justice Ali Al Madhani issued on 18 May 2020 granting permission to appeal against the Judgment of H.E Justice Ali Al Madhani dated 25 March 2020
AND UPON hearing the Counsel for the Appellant and Counsel for the Respondents at the appeal hearing on 27 September 2020
AND UPON reading the submissions and evidence filed and recorded in the Court file in CA-003-2020
IT IS HEREBY ORDERED THAT:
1. The appeal is allowed.
2. The orders made in the Court of First Instance are set aside.
3. Substitute an order that the application for immediate judgment be dismissed.
4. The Respondents are to pay the Appellant’s costs of the appeal, as well as the costs of the Application.
Issued by:
Nour Hineidi
Deputy Registrar
Date of issue: 29 September 2020
At: 2pm