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FIVE HOLDING v ORIENT UNB TAFAKUL [2024] DIFC CFI 027 — Consent order dismissing proceedings following Joint Judicial Committee ruling (28 March 2024)
The dispute originated from a claim filed by Five Holding Limited and Five Hotel Jumeirah Village LLC against Orient UNB Tafakul PJSC, initiated via a Claim Form dated 21 February 2021.
FIVE HOLDING v ORIENT UNB TAFAKUL [2024] DIFC CFI 027 — Finalization of costs following dismissal of proceedings (25 March 2024)
The dispute in CFI 027/2021 originated from a Claim Form filed on 21 February 2021. While the substantive merits of the case were resolved through a prior dismissal, the parties remained at odds regarding the quantification of the Defendant’s legal costs.
FIVE HOLDING v ORIENT UNB TAKAFUL [2021] DIFC CFI 027 — Registrar orders interim payment on account of costs (13 September 2021)
The dispute arose following the successful entry of a Default Judgment on 14 March 2021 in favor of the Claimants, Five Holding Limited and Five Hotel Jumeirah Village LLC, against the Defendant, Orient Unb Takaful PJSC.
FIVE HOLDING v ORIENT UNB TAKAFUL [2021] DIFC CFI 027 — Registrar orders payment on account of costs (09 September 2021)
The litigation involves a dispute between Five Holding Limited and Five Hotel Jumeirah Village LLC (the Claimants) and Orient Unb Takaful PJSC (the Defendant). The core of this specific procedural skirmish concerned the Claimants’ attempt to lift a stay of proceedings that had been previously…
FIVE HOLDING v ORIENT UNB TAKAFUL [2021] DIFC CFI 027 — Stay of proceedings pending JJC determination (14 April 2021)
The lawsuit, registered as CFI 027/2021, centers on a jurisdictional conflict between the DIFC Courts and the Dubai Courts. Orient UNB Takaful, the Defendant, sought to challenge the appropriateness of the DIFC as the forum for the litigation initiated by Five Holding.
FIVE HOLDING v ORIENT UNB TAKAFUL [2021] DIFC CFI 027 — Procedural alignment of jurisdiction and set-aside applications (11 April 2021)
The litigation arises from a default judgment issued on 14 March 2021 by H.E. Justice Nassir Al Nasser against the Defendant, Orient Unb Takaful PJSC. Following the entry of this judgment, the Defendant initiated two distinct procedural challenges: "Application 1," which seeks to set aside the…
FIVE HOLDING LIMITED v ORIENT UNB TAKAFUL PJSC [2021] DIFC CFI 027 — Default judgment for AED 25 million (14 March 2021)
The litigation involved a substantial financial claim brought by Five Holding Limited and Five Hotel Jumeirah Village LLC against Orient Unb Takaful PJSC. The claimants sought recovery of a specified sum of AED 25,000,000.