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LALS HOLDING v EMIRATES INSURANCE COMPANY [2024] DIFC CFI 073 — Consent order extending cost payment deadline (07 June 2024)
The underlying litigation in CFI 073/2022 involves Lals Holding Limited as the Claimant against Emirates Insurance Company (PSC) and Siaci Insurance Brokers LLC. The dispute centers on insurance coverage and brokerage liability, which necessitated a bifurcated approach to the proceedings.
Lals Holdings v Emirates Insurance Company [2024] DIFC CFI 073 — Ruling on costs for preliminary issues trial (14 May 2024)
EIC contended that the Court should reserve the costs of the Preliminary Issues (PI) Trial until the conclusion of the full trial, or alternatively, order that costs be "costs in the case." Justice Sir Peter Gross dismissed this, emphasizing that the PI Trial functioned as a distinct procedural…
LALS HOLDINGS v EMIRATES INSURANCE COMPANY [2024] DIFC CFI 073 — Chief Justice Zaki Azmi grants leave to appeal on pandemic-related "Loss of Attraction" insurance coverage (06 March 2024)
The lawsuit centers on a commercial insurance dispute between Lals Holdings Limited and Emirates Insurance Company (PSC), alongside Siaci Insurance Brokers LLC. The core of the conflict involves the interpretation of a "Loss of Attraction" clause within an insurance policy, specifically whether…
LALS HOLDINGS v EMIRATES INSURANCE COMPANY [2024] DIFC CFI 073 — Refusal of permission to appeal (10 January 2024)
The lawsuit concerns a high-stakes insurance coverage dispute involving Lals Holdings Limited as the Claimant and Emirates Insurance Company (EIC) as the First Defendant, alongside SIACI Insurance Brokers LLC as the Second Defendant.
LALS HOLDING v EMIRATES INSURANCE COMPANY [2022] DIFC CFI 073 — Construction of COVID-19 business interruption clauses (14 November 2023)
The dispute arises from the Claimants’ attempt to recover business interruption losses sustained during the COVID-19 pandemic under "Property All Risk & Business Interruption" policies underwritten by the First Defendant, Emirates Insurance Company (EIC).
Lals Holding v Emirates Insurance Company [2022] DIFC CFI 073 — Interpreting COVID-19 business interruption coverage under DIFC law (01 November 2023)
The DIFC Court of First Instance provides a landmark interpretation of insurance coverage clauses for pandemic-related business interruption losses, establishing the primacy of policy schedules in contractual construction.
LALS HOLDING v EMIRATES INSURANCE COMPANY [2023] DIFC CFI 073 — Preliminary determination of COVID-19 insurance policy construction (04 July 2023)
The lawsuit concerns a substantial insurance coverage dispute arising from business interruption losses allegedly suffered by Lals Holding and the companies identified in the claim schedules.
LALS HOLDING LIMITED v EMIRATES INSURANCE COMPANY [2023] DIFC CFI 073 — Consent order for procedural extension (08 February 2023)
The litigation involves Lals Holding Limited, acting on behalf of itself and various companies identified in Schedules 1 to 3 of the Claim Form, against two primary respondents: Emirates Insurance Company (PSC) and SIACI Insurance Brokers LLC.
LALS HOLDING LIMITED v EMIRATES INSURANCE COMPANY [2022] DIFC CFI 073 — Procedural extension of time by consent (16 December 2022)
The litigation involves Lals Holding Limited, alongside various entities identified in the schedules of the claim form, acting as Claimants against Emirates Insurance Company (PSC) and Siaci Insurance Brokers LLC.