uae-difc-cases
FIVE HOLDING v ORIENT UNB TAKAFUL [2021] DIFC CFI 027/2021 — Stays pending Joint Judicial Tribunal determination (04 August 2021)
The litigation concerns claims for indemnity arising from business interruption losses allegedly caused by the COVID-19 pandemic. The Claimants, Five Holding Limited and its related entities, sought to recover significant sums under insurance policies issued by the Defendants, Orient UNB Takaful…
