LITT
Try LITT free
FOUR PRINCIPLES MANAGEMENT CONSULTING FZ v RED SEA INTERNATIONAL COMPANY [2022] DIFC CFI 012 — Conditional variation of default judgment (21 September 2022)
The litigation arose from a claim for management advisory services provided by Four Principles Management Consulting FZ to Red Sea International Company. Following the entry of a default judgment on 9 May 2022, the Defendant sought to vary the judgment, arguing that while it owed a "base fee" for…
FOUR PRINCIPLES MANAGEMENT CONSULTING FZ v RED SEA INTERNATIONAL COMPANY [2022] DIFC CFI 012 — Consent order staying enforcement pending variation of default judgment (14 June 2022)
The dispute arises from a claim initiated by Four Principles Management Consulting FZ against Red Sea International Company, which culminated in a Default Judgment issued by the DIFC Court on 9 May 2022. Following the entry of this judgment, Red Sea International Company filed Application No.
FOUR PRINCIPLES MANAGEMENT CONSULTING FZ v RED SEA INTERNATIONAL COMPANY [2022] DIFC CFI 012 — Default judgment for unpaid management consulting fees (09 May 2022)
The dispute centered on a claim for unpaid management consulting fees owed by Red Sea International Company to Four Principles Management Consulting FZ LLC. The Claimant sought recovery of a substantial principal sum alongside accrued interest, stemming from a commercial engagement that remained…