Claim No. CFI 036/2016
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
(1) BARCLAYS BANK PLC
(2) CREDIT SUISSE LOAN FUNDING LLC
(3) MIDTOWN ACQUISITIONS LP
(4) SPECIAL SITUATIONS INVESTING GROUP INC
Claimants
and
ESSAR GLOBAL FUND LIMITED
Defendant
ORDER OF JUDICIAL OFFICER MAHA AL MEHAIRI
UPON reviewing the Third Claimant’s Application Notice CFI-036-2016/5 dated 7 June 2017 seeking interim costs on account
AND UPON reviewing the Judgment of Justice Sir Richard Field with Amended Order dated 13 and 20 April 2017, respectively
AND UPON the Claimants having filed a Schedule of Costs and a Notice of Commencement of Assessment of Bill of Costs on 18 May 2017
AND UPON the Claimants having indicated to the Court that the Defendant has failed to serve points of dispute within the 21 day period required by Rule 40.15 of the Rules of the DIFC Courts
AND UPON reviewing the Third Claimant’s costs schedule
IT IS HEREBY ORDERED THAT the Defendant shall, by 4pm on 22 June 2017, pay USD 160,869.62 on account of the costs ordered at paragraph 3 of the Amended Order of Justice Sir Richard Field dated 20 April 2017, being 50% of the Third Claimant’s costs.
Issued by:
Natasha Bakirci
Assistant Registrar
Date of Issue: 8 June 2017
At: 4pm
The post CFI 036/2016 (1) Barclays Bank PLC (2) Credit Suisse Loan Funding L.L.C. (3) Midtown Acquistions L.P. (4) Special Situations Investing Group Inc. v Essar Global Fund Limited appeared first on DIFC Courts.