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uae-difc-cases

ABRAAJ GENERAL PARTNER VIII LIMITED v KPMG LOWER GULF [2022] DIFC CFI 053 — Finalizing cost recovery via consent order (13 June 2022)

The lawsuit originated from a claim brought by Abraaj General Partner VIII Limited, acting on behalf of Neoma Private Equity Fund IV L.P., against KPMG Lower Gulf Limited. Following the dismissal of the substantive claim, the court turned its attention to the recovery of legal costs incurred by the…

Sushant Shukla· ·5 min read
uae-difc-cases

ABRAAJ GENERAL PARTNER VIII LIMITED v KPMG LOWER GULF [2021] DIFC CFI 053 — Dismissal following JJC jurisdictional determination (27 July 2021)

The dispute originated from a claim filed by Abraaj General Partner VIII Limited, acting on behalf of Neoma Private Equity Fund IV L.P., against KPMG Lower Gulf Limited on 29 September 2019.

Sushant Shukla· ·5 min read
uae-difc-cases

ABRAAJ GENERAL PARTNER VIII LIMITED v KPMG LOWER GULF [2020] DIFC CFI 053 — Stay of proceedings pending Joint Judicial Committee determination (25 February 2020)

The litigation concerns a claim brought by Abraaj General Partner VIII Limited, acting on behalf of Neoma Private Equity Fund IV L.P., against KPMG Lower Gulf Limited. While the specific underlying allegations regarding audit conduct or professional negligence are not detailed in the procedural…

Sushant Shukla· ·6 min read
uae-difc-cases

ABRAAJ GENERAL PARTNER VIII v KPMG LOWER GULF [2020] DIFC CFI 053 — Stay of proceedings pending Joint Judicial Committee determination (20 February 2020)

The DIFC Court of First Instance formalizes a stay of proceedings in the high-profile Abraaj litigation, deferring to the jurisdictional oversight of the Joint Judicial Committee regarding concurrent Dubai Court actions.

Sushant Shukla· ·5 min read