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uae-difc-cases

GULF WINGS v A AND K TRADING [2022] DIFC CFI 004 — Permission to appeal the discharge of a contempt order (19 October 2022)

The DIFC Court of First Instance grants leave to appeal the discharge of a contempt order, setting the stage for appellate review of the court's discretion in sanctioning asset dissipation.

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

GULF WINGS v A AND K TRADING [2022] DIFC CFI 004 — Discharge of contempt order following escrow settlement (14 September 2022)

The DIFC Court of First Instance exercises its discretionary power to purge a contempt finding against a company director upon the full satisfaction of the underlying judgment debt via the Court’s escrow account.

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

GULF WINGS v A AND K TRADING [2022] DIFC CFI 004 — Discharge of contempt order following escrow payment (05 September 2022)

The lawsuit between Gulf Wings FZE and A and K Trading Limited involved a protracted enforcement battle concerning significant financial liabilities. The specific dispute centered on the failure of the defendant to satisfy court-ordered obligations, leading to the issuance of a Contempt Order…

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

GULF WINGS v A AND K TRADING [2022] DIFC CFI 004 — Contempt of court for asset dissipation (14 March 2022)

The DIFC Court of First Instance exercises its coercive powers to refer a director for criminal contempt proceedings following the unauthorized removal of a high-value aviation asset in defiance of a freezing order.

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

GULF WINGS v A AND K TRADING [2022] DIFC CFI 004 — Disclosure and affidavit orders regarding corporate control (31 January 2022)

Justice Sir Jeremy Cooke mandates the disclosure of corporate registers and sworn evidence from Mr Ahmed Abouhashima to clarify the control structure of A and K Trading Limited.

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

GULF WINGS v A AND K TRADING [2022] DIFC CFI 004 — procedural enforcement of freezing order and disclosure (24 January 2022)

This order addresses the enforcement of a pre-existing freezing order, mandating immediate corporate disclosure and investigation into the unauthorized movement of an aircraft.

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

GULF WINGS v A AND K TRADING [2022] DIFC CFI 004 — Freezing order over aviation assets (14 January 2022)

The DIFC Court of First Instance grants a worldwide freezing order against A and K Trading Limited, specifically targeting an Embraer Legacy 600 aircraft to secure a US$ 1.3 million claim.

Sushant Shukla· ·5 min read