Claim No. CFI 027/2013
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
BGC BROKERS L.P
Claimant/Receiving Party
and
MOURAD ABOURAHIM
Defendant/Paying Party
ORDER MADE BY JUDICIAL OFFICER MAHA AL MEHAIRI
UPON the Order made by Justice Sir Richard Field on 11 October 2015;
AND UPON the Claimant’s Notice of Commencement of Assessment of Bill of Costs dated 10 January 2016;
AND UPON the Claimant/Receiving Party’s request for a Default Costs Certificate dated 4 February 2016
AND UPON the Claimant/Receiving Party having indicated to the Court that the Defendant/Paying Party has failed to serve points of dispute within the 21 day period required by Rule 40.15 of the Rules of the DIFC Courts (“RDC”)
AND UPON the Claimant/Receiving Party having met the requirements in RDC 40.17
IT IS HEREBY ORDERED THAT:
- The Default Costs Certificate is granted.
- The Defendant/Paying Party shall pay to the Claimant/Receiving Party the full amount of US $235,267.20 (Costs Award) by no later than 4pm on Tuesday 1 March 2016.
- The Defendant shall pay the Claimant interest on the Costs Award pursuant to Article 17 of the DIFC Law of Damages and Remedies 2005 at the rate of 1% above EIBOR per annum from 16 February 2016, being the date of the Order until payment.
Issued by:
Maha AlMehairi
Judicial Officer
Date of issue: 16 February 2016
Time: 9am
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