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uae-difc-cases
ED&F MAN CAPITAL MARKETS MENA v SAYYED HUSSAIN [2018] DIFC CFI 015 — Consent order and stay of proceedings (17 December 2018)
The lawsuit, filed under case number CFI-015-2018, centered on allegations of breach of contract, misuse of confidential information, and potential solicitation of staff by former employees and a competing entity, RJ O’Brien MENA Capital Limited.
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·6 min read
uae-difc-cases
ED&F MAN CAPITAL MARKETS MENA v SAYYED HUSSAIN [2018] DIFC CFI 015 — Procedural strike-out application denied (10 December 2018)
The Claimants, ED&F Man Capital Markets Mena Limited and ED&F Man Capital Markets Limited, initiated this application on 27 November 2018, seeking the ultimate procedural sanction against the Defendants.
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·6 min read
uae-difc-cases
ED&F Man Capital Markets MENA v Sayyed Hussain [2018] DIFC CFI 015 — Interlocutory rulings on document production, anti-suit injunctions, and evidence admissibility (31 October 2018)
The dispute centers on allegations that the First Defendant, Sayyed Hussain, conspired with the Second and Third Defendants to misappropriate the Claimants' business assets, including client lists and personnel, while allegedly being induced by promises of exorbitant compensation.
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·6 min read