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uae-difc-cases
NEVEN v NOLE [2024] DIFC ARB 010 — Costs allocation following contested interim relief applications (25 September 2024)
The dispute centered on an application for interim relief filed by Neven on 23 May 2024. The claimant sought two distinct forms of relief: a restrictive injunction to prevent the respondent, Nole, from declaring or distributing dividends or returning capital to shareholders, and a mandatory order…
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·5 min read
uae-difc-cases
NEVEN v NOLE [2024] DIFC ARB 010 — Interim relief and the limits of document production in arbitration (25 June 2024)
The DIFC Court of First Instance reinforces the principle of arbitral primacy, refusing to grant interim injunctive relief where the applicant fails to demonstrate genuine urgency or a credible risk of asset dissipation.
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·6 min read
uae-difc-cases
NEVEN v NOLE [2024] DIFC ARB 010 — Interim relief and the limits of document production in arbitration
Justice Andrew Moran denies an application for a broad injunction and document production, opting instead to formalize a restrictive undertaking regarding dividend distributions.
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·5 min read