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GATE MENA DMCC v TABARAK INVESTMENT CAPITAL [2024] DIFC CA 002 — Costs allocation following retrial order (22 August 2024)
The DIFC Court of Appeal clarifies the methodology for apportioning costs in complex litigation where a retrial is ordered, favoring percentage-based allocations over issue-based assessments.
GATE MENA DMCC v TABARAK INVESTMENT CAPITAL [2024] DIFC COURT OF APPEAL CA 002/2023 — Procedural management of cost submissions (25 July 2024)
The lawsuit involves a complex appellate matter between Gate Mena DMCC (formerly Huobi OTC DMCC) and Huobi Mena FZE against Tabarak Investment Capital Limited and Christian Thurner. Following the Court of Appeal’s substantive judgment delivered on 13 June 2024, the court directed the parties to…
GATE MENA DMCC v TABARAK INVESTMENT CAPITAL [2023] DIFC CA 002 — Appellate review of digital asset liability and bailment (13 June 2024)
The litigation centers on a high-stakes dispute involving the loss of 300 Bitcoin (BTC) following a series of transactions where Tabarak Investment Capital acted as an intermediary. The Appellants, Gate MENA DMCC (formerly Huobi OTC DMCC) and Huobi MENA FZE, sought to recover the value of these…