June 19, 2023 court of first instance - Orders
Claim No. CFI 028/2023
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
GLOBE INVESTMENT HOLDINGS LIMITED
Claimant/Applicant
and
(1) COMMERCIAL BANK OF DUBAI
(2) HORTIN HOLDING LIMITED
(3) LODGE HILL LIMITED
(4) WESTDENE INVESTMENT LIMITED
(5) VS 1897 (CAYMAN) LIMITED
Defendants
ORDER OF JUSTICE MICHAEL BLACK
UPON the Applicant’s Urgent Application No. CFI-028-2023/1 dated 11 April 2023 seeking a Freezing Order
AND UPON the Freezing Order of Justice Michael Black made at a without notice hearing on 2 May 2023 (the “Freezing Order”)
AND UPON the Applicant’s Application No. CFI-028-2023/2 dated 15 May 2023 for the continuation of the Freezing Order (the “Application”)
AND UPON the Order of Justice Michael Black dated 19 May 2023
AND UPON hearing counsel for the Applicant and counsel for the Respondents at the Return Hearing held before Justice Michael Black on 16 June 2023
AND UPON Justice Michael Black continuing the Freezing Order until further Order
IT IS HEREBY ORDERED THAT:
1. The Application is dismissed and the Freezing Order is discharged.
2. The Applicant shall pay the Respondents’ costs of the Application, to be assessed by the Registrar if not agreed.
3. Reasons for this Order shall follow.
Issued by:
Hayley Norton
Assistant Registrar
Date of issue: 19 June 2023
At: 2pm