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VANNIN CAPITAL PCC PLC v AL KHORAFI [2014] DIFC CFI 036 — Interim relief and jurisdictional challenges in litigation funding (18 February 2015)
The DIFC Court of First Instance affirms its supervisory jurisdiction to grant interim protective measures in support of arbitration, despite competing forum clauses in a litigation funding agreement.
VANNIN CAPITAL PCC PLC v MR RAFED ABDEL MOHSEN BADER AL KHORAFI [2014] DIFC CFI 036 — Interim payment into Court of disputed litigation funding proceeds (10 November 2014)
The lawsuit concerns a dispute over the entitlement to substantial sums awarded in a previous DIFC proceeding, specifically CFI 026/2009. Vannin Capital PCC PLC, acting for its protected cell "Project Ramsey," sought to secure funds that were previously ordered to be paid by Bank Sarasin-Alpen (ME)…
VANNIN CAPITAL PCC v RAFED ABDEL MOHSEN BADER AL KHORAFI [2018] DIFC CFI 036 — Consent order for discontinuance following fund distribution (21 February 2018)
The litigation, initiated by Vannin Capital PCC for and on behalf of protected cell - Project Ramsey, centered on complex claims arising from the underlying financial disputes previously ventilated in CFI-026-2009.
VANNIN CAPITAL PCC PLC v MR RAFED ABDEL MOHSEN BADER AL KHORAFI [2016] DIFC CFI 036 — Consent order for distribution of USD 11.4 million in held funds (18 May 2016)
The litigation in CFI-036-2014 centered on the distribution of a significant sum of money, specifically USD 11,445,049, which had been previously paid into the DIFC Court by defendants in the related proceedings of CFI-026-2009.
VANNIN CAPITAL v AL KHORAFI [2016] DIFC CFI 036 — Dismissal of appeal regarding litigation funding and arbitration stay (18 April 2016)
The litigation arose from a Restated Litigation Funding Agreement (RLFA) dated 21 April 2013, under which Vannin Capital provided funding for the Al Khorafis’ claims against Bank Sarasin-Alpen.
VANNIN CAPITAL PCC PLC v MR RAFED ABDEL MOHSEN BADER AL KHORAFI [2016] DIFC CFI 036 — Finality of interlocutory orders and litigation funding (11 April 2016)
The DIFC Court of First Instance affirms the principle of finality in interlocutory proceedings, denying the Khorafi defendants permission to appeal a refusal to release funds held in court or stay ongoing arbitration.
VANNIN CAPITAL PCC PLC v MR RAFED ABDEL MOHSEN BADER AL KHORAFI [2016] DIFC CFI 036 — Dismissal of application to vary preservation order (11 February 2016)
The DIFC Court of First Instance affirms the stringent requirements for varying interlocutory orders, rejecting attempts to relitigate established preservation measures without new, material evidence.
VANNIN CAPITAL PCC PLC v MR RAFED ABDEL MOHSEN BADER AL KHORAFI [2015] DIFC CFI 036 — Final assessment of costs and waiver of appeal rights (19 November 2015)
The lawsuit centered on the final determination of legal costs owed by the First, Second, and Third Defendants—Mr. Rafed Abdel Mohsen Bader Al Khorafi, Mrs. Amrah Ali Abdel Latif Al Hamad, and Mrs. Alia Mohamed Sulaiman Al Rifai—to the Claimant, Vannin Capital PCC PLC.
VANNIN CAPITAL PCC PLC v AL KHORAFI [2015] DIFC CFI 036 — Interim payment order in detailed cost assessment (10 September 2015)
Judicial Officer Maha Al Mehairi orders a partial payment into Court pending the final determination of a contested bill of costs in a complex multi-party litigation.