Freezing Injunction Archives

Freezing Injunction

Category

In Freezing Injunction

United Arab Emirates: Dubai International Financial Centre Court of Appeals Overturns Sandra Holding

December 30, 2024 by Sally Kotb, Luka Kristovic-Blazevic, Marlize Dumas and Taisiya Vorotilova 5 Mins Read

In a recent ruling in Carmon Reestrutura-engenharia E Serviços Técnios Especiais, (Su) LDA v Antonio Joao Catete Lopes Cuenda [2024] DIFC CA 003 (“Ruling”), the DIFC Court of Appeal (“Court”) reconsidered and overruled the position made in the (1) Sandra Holding Ltd (2) Nuri Musaed Al Saleh v (1) Fawzi Musaed Al Saleh (2) Ahmed Fawzi Al Saleh (3) Yasmine Fawzi Al Saleh (4) Farah El Merabi [2023] DIFC CA 003 (“Sandra Holding”) decision issued last year. The Court…

In Bitcoins

Hong Kong: Demystifying cryptocurrency – Applying traditional legal remedies to digital assets

July 19, 2022 by Cynthia Tang and Jannice Lau 3 Mins Read

In brief In one of the first cases in Hong Kong in which the court has granted freezing injunctions over bitcoins, the Court of First Instance has now handed down judgment in the trial of Nico Constantijn v Stive Jean-Paul Dan [2022] HKCFI 1254. The court held that the defendant acted as the plaintiff’s sales agent in respect of the plaintiff’s bitcoins. The court found the defendant had breached his fiduciary duties in failing to account to…