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COINMENA B.S.C. v FOLOOSI TECHNOLOGIES [2026] DIFC CFI 067 — Costs assessment following failed permission to appeal (20 April 2026)
The DIFC Court of First Instance quantifies the recoverable costs for a successful respondent following the dismissal of a permission to appeal application, emphasizing the court's discretionary power to adjust claims for proportionality.
COINMENA B.S.C. v FOLOOSI TECHNOLOGIES [2026] DIFC CFI 067 — Dismissal of permission to appeal immediate judgment refusal (10 April 2026)
The litigation arises from a commercial relationship between Coinmena B.S.C. (the Claimant/Respondent) and Foloosi Technologies Ltd (the Defendant/Applicant). The underlying claim involves allegations of breach of contract, debt, and claims for an account, centered on the settlement mechanics of…
COINMENA B.S.C. v FOLOOSI TECHNOLOGIES [2026] DIFC CFI 067 — Costs assessment following failed strike-out application (06 February 2026)
The DIFC Court of First Instance clarifies the application of proportionality in cost recovery, awarding 80% of claimed fees following the dismissal of an immediate judgment application.