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uae-difc-cases
KBC ALDINI CAPITAL v DAVID BAAZOV [2020] DIFC CFI 002 — Strike out for failure to provide security for costs (15 March 2020)
The DIFC Court of First Instance terminated proceedings after the Claimant failed to satisfy a $1.3 million security for costs order, ruling that the prospect of future compliance was negligible.
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·5 min read
uae-difc-cases
KBC ALDINI CAPITAL v DAVID BAAZOV [2020] DIFC CFI 002 — Final strike out of long-running litigation (23 February 2020)
The litigation, registered as CFI 002/2017, involved a complex series of allegations brought by KBC Aldini Capital Limited against David Baazov, Canaccord Genuity Corp, and Canaccord Genuity (Dubai) Limited.
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·5 min read
uae-difc-cases
KBC ALDINI CAPITAL v DAVID BAAZOV & OTHERS [2017] DIFC CFI 002 — Extension of time for service of process (28 December 2017)
The dispute in CFI 002/2017 centers on the procedural management of a claim initiated by KBC Aldini Capital Limited against a diverse group of respondents, including David Baazov and the Canaccord Genuity corporate entities.
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·5 min read