Claim No: 029/2009
THE JUDICIAL AUTHORITY OF THE DUBAI INTERNATIONAL FINANCIAL CENTRE
IN THE COURT OF FIRST INSTANCE
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 | Applicants |
- and - (1) ORION HOLDING OVERSEAS(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 | Respondents |
ORDER OF SIR JOHN CHADWICK
MADE ON 10 NOVEMBER 2009
UPON the Application of the Respondents
AND UPON reading the evidence
AND UPON hearing Counsel for the Respondents and the Applicants in person
IT IS ORDERED THAT:
(1) The Orders of HE
Judge Omar Almuhairi dated 1 November 2009 and 4 November 2009 are discharged in full.
(2) There shall be an inquiry into damages in relation to any loss which the freezing order of 1 November 2009 may have caused the Respondents. The Applicants shall compensate the Respondents for such loss in accordance with their undertakings given to the
Court on 1 November 2009.
(3) The First Applicant, Ms Shereen Aldisi, shall be restrained from making any application against Orion Holdings Overseas Limited or its subsidiaries without giving the representative company or companies notice of such application, unless prior leave is sought from the Court.
(4) Ms Shereen Aldisi shall be restrained from acting or purporting to act as the representative of any other party in respect of any proceedings before the Court.
(5) Any sums due from the Respondents in respect of costs to Ms Shereen Aldisi shall be paid into Court pending the payment by Ms Shereen Aldisi of the Respondents' costs as set out below in paragraph (6) of this Order.
(6) The Respondents' costs of this hearing, and of the hearing of 4 November 2009 shall be assessed against Ms Shereen Aldisi on the indemnity basis and against the other applicants on the standard basis.
(7) Such costs shall be paid by Ms Shereen Aldisi and Mr Nour Saleem (to the extent of the assessments against them respectively). To the extent that such costs are not recovered from Ms Shereen Aldisi and Mr Nour Saleem, the costs shall be paid by the remaining applicants.
Amna Alowais
Deputy Registrar
Date of Issue: 17 November 2009
At: 2pm
