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BROWN & COMPANY PLC v FABER CAPITAL [2022] DIFC CFI 042 — Procedural amendment of pleadings (30 November 2022)
The litigation involves a multi-party claim brought by Brown & Company PLC, B Commodities ME (FZE), and Grey Reach Investment Limited against Faber Capital (DIFC) Limited. The dispute, initiated under claim number CFI 042/2019, centers on complex commercial allegations that necessitated a formal…
MARIN v MARKKU [2021] DIFC CFI 042 — Stay of interlocutory costs assessment (20 May 2021)
The dispute in CFI 042/2019 centered on the timing of cost recovery following an interlocutory order. The Claimants, Marin, Marita, and Mistan, initiated assessment proceedings on 16 March 2021, seeking to quantify the costs awarded to them under a Costs Order dated 5 January 2021.
MARIN v MARKKU [2021] DIFC CFI 042 — Costs order following interlocutory applications (05 January 2021)
The litigation between the Claimants, Marin and Marita, and the Defendant, Markku, involved a series of high-stakes interlocutory applications heard by the Court on 5 and 6 October 2020.
MARIN v MARKKU [2019] DIFC CFI 042 — Strike out application regarding fiduciary duty (28 October 2020)
The litigation centers on a commercial investment arrangement where the Claimants, MARIN and MARITA, alleged that the Defendant, MARKKU, acted as an investment manager for funds invested in "Grey Reach." The Claimants contended that MARITA advanced USD 30 million as a shareholder loan and that…