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uae-difc-cases

DUBAI FINANCIAL SERVICES AUTHORITY v HUSAM A. ABU-AMARA [2007] DIFC CFI 001 — Discharge of regulatory injunctions (30 April 2007)

The lawsuit concerns a regulatory enforcement action brought by the Dubai Financial Services Authority (DFSA) against a series of defendants, including Husam A. Abu-Amara and Globalstar Telecom & Technology, alongside several other entities such as Select Solutions LLC and AI Global Resources.

Sushant Shukla· ·5 min read
uae-difc-cases

DUBAI FINANCIAL SERVICES AUTHORITY v HUSAM A. ABU-AMARA [2007] DIFC CFI 001 — Procedural bifurcation and adjournment scheduling (16 April 2007)

The lawsuit represents a regulatory enforcement action brought by the DFSA, the independent regulator of financial services conducted in or from the DIFC. The dispute centers on the activities of Husam A.

Sushant Shukla· ·5 min read
uae-difc-cases

DUBAI FINANCIAL SERVICES AUTHORITY v HUSAM A. ABU-AMARA [2007] DIFC CFI 001 — Continuation of regulatory injunction (27 February 2007)

The lawsuit concerns a high-stakes regulatory enforcement action brought by the Dubai Financial Services Authority (DFSA) against Husam A. Abu-Amara and seven corporate and individual co-defendants, including Globalstar Telecom & Technology, Ameerdeen Abdul Majid Thanikkodi, Syed Mohamed A/L Kabdul…

Sushant Shukla· ·7 min read
uae-difc-cases

THE DUBAI FINANCIAL SERVICES AUTHORITY v HUSAM A. ABU-AMARA [2007] DIFC CFI 001 — Regulatory injunction against unauthorized financial exchange representations (14 February 2007)

The DIFC Court of First Instance issued an urgent, without-notice interim injunction to halt the dissemination of fraudulent claims regarding the existence of unauthorized financial exchanges within the DIFC, protecting the integrity of the financial services sector.

Sushant Shukla· ·5 min read