DIFC Courts

CFI 029/2009 - Order

January 28, 2010 court of first instance - Orders,Orders

CFI 029/2009

THE JUDICIAL AUTHORITY OF THE DUBAI INTERNATIONAL FINANCIAL CENTRE

IN THE COURT OF FIRST INSTANCE

BEFORE JUSTICE SIR JOHN CHADWICK

Between

(1) SHEREEN ALDISI

(2) ESSAM HUSNI ABOUDI

(3) GHADA NABIL GOHAR MOHAMAD

(4) AFROZE HUSAIN ZUBAIRI

(5) ALI KHADER

(6) MAJDI ABU HEJLEH

(7) FAZEEL SHEIKH

(8) HASHAAM SIDDIQ

(9) NABIL HAJ ALI

(10) NOUR SALEEM

(11) AHMAD AL AQQAD

(12) NATALIE JEYNES

(13) FIRAS CHAHINE

Claimants/ Respondents
And

(1) ORION HOLDING OVERSEAS LIMITED

(2) ORION CAPITAL LIMITED

(3) ORION TRADESOFT FZ-LLC

(4) ORION BROKERS DMCC (DME)

(5) ORION GLOBAL FINANCIAL SERVICES LLC

(6) ORION FINANCIAL FZ-LLC

Defendants/ Applicants

ORDER MADE BY SIR JOHN CHADWICK DATED 14 JANUARY 2010

UPON the Application of the Defendants/Applicants,

AND UPON hearing Counsel for the Defendants/Applicants and Counsel for the Claimants/Respondents

IT IS ORDERED THAT:

 

1. Pursuant to Rule 38.13 of the Rules of the DIFC Courts, the Claimants/Respondents are to make an interim payment to the Defendants within 14 days of the date of this Order in the amount of AED 200,000 (Two Hundred Thousand Dirhams), being a payment on account of the Defendants' costs prior to a Detailed Assessment.

 

2. This interim payment is to be recovered on the basis set out at paragraphs 6 and 7 of the Order dated 10 November 2009. In the event that Ms Aldisi and Mr Saleem do not make payment to the Defendants/Applicants of the full AED 200,000 within 14 days any outstanding amount to be paid by the remaining Claimants/Respondents within 21 days of the date of this Order.

 

3. Any amount due to be paid by the Defendants/Applicants to any of the Claimants/Respondents pursuant to any Order of the Court is to be set off against any outstanding amounts under this Order.

 

4. Costs of this Application to be paid by the Claimants/Respondents in any event.

Mark Beer

Registrar

Date of Issue: 28 January 2010

At: 10 am