January 13, 2022 court of first instance - Orders
Claim No. CFI 048/2018
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
SKATTEFORVALTNINGEN
(the Danish Customs and Tax Administration)
Claimant
and
(1) ELYSIUM GLOBAL (DUBAI) LIMITED
(2) ELYSIUM PROPERTIES LIMITED
Defendants
CONSENT ORDER
UPON the Order with Reasons of Justice Sir Jeremy Cooke dated 26 January 2021 (the “Order”) granting permission for the Order dated 27 June 2018 (the “Freezing Order”) to be lifted insofar as it relates to the bank accounts identified in paragraph 1 of the Order
AND UPON the Claimant and Defendants having consented to the terms of this Order
IT IS HEREBY ORDERED THAT:
1. Paragraph 5 of the Order is deleted and substituted with the following:
“Upon receipt from the Accounts, the Defendants’ solicitors shall apply the funds as follows:
(a) a payment of AED 155,392.17 in satisfaction of the outstanding debt owed by the First Defendant to Hertz;
(b) a payment of £49,543.46 to the “Disbursement Fund”, as defined in the Order of Mr Justice Andrew Baker of the High Court of Justice, Business and Property Courts of England and Wales dated 10 June 2021; and
(c) the remainder (if any) to be used by the Defendants’ solicitors as agreed by the parties in writing (with liberty to apply if no such written agreement is reached).”
2. All other paragraphs in the Order shall remain in force.
3. Costs in the case.
Issued by:
Nour Hineidi
Registrar
Date of Issue: 13 January 2022
At: 1pm
