Matter
Egan and Eggert v Eava and Efa (DIFC Court of First Instance, Claim No: XX)
- 12 October 2012England
12 October 2012England
Arbitral award dated 12 October 2012, corrected and amended on 30 November 2012 and 20 December 2012
- Decision summary
- The tribunal determined the termination sums due from Eava under the charters and consequently due from Efa under the guarantee, and ordered Eava and Efa to pay the Claimants approximately US $26.5 million plus interest.
Supporting details
5 participants2 years, 9 months and 17 days later · 1020 days
- 29 July 2015United Arab Emirates
29 July 2015United Arab Emirates
Judgment of the Dubai International Financial Centre Courts, Court of First Instance in Claim No: XX dated 29 July 2015
Dubai International Financial Centre Courts, Court of First Instance
- Decision summary
- The Court recognised and granted leave to enforce the arbitral awards. It rejected challenges based on the tribunal's jurisdiction, estoppel, UAE public policy, and an asserted residual discretion to refuse enforcement, and ordered the Defendants to pay the Claimants' costs.
Supporting details
19 authorities · 17 participantsEgan
- Representative
- Tom Montagu Smith (For: Egan · Eggert)
- Representative
- Luke Hacker (For: Egan · Eggert)
- Representative
- Meike Ziegler (For: Egan · Eggert)
- Representative
- Holman Fenwick Willan Middle East LLP (For: Egan · Eggert)
- Expert
- Dr Habib Al Mulla (For: Egan · Eggert)
Eggert
- Representative
- Tom Montagu Smith (For: Egan · Eggert)
- Representative
- Luke Hacker (For: Egan · Eggert)
- Representative
- Meike Ziegler (For: Egan · Eggert)
- Representative
- Holman Fenwick Willan Middle East LLP (For: Egan · Eggert)
- Expert
- Dr Habib Al Mulla (For: Egan · Eggert)
Eava
- Representative
- Steven Thompson QC (For: Eava · Efa)
- Representative
- Irvine Marr (For: Eava · Efa)
- Representative
- Nicholas Braganza (For: Eava · Efa)
- Representative
- Clyde & Co LLP (For: Eava · Efa)
- Expert
- Mr James Whelan (For: Eava · Efa)
Efa
- Representative
- Steven Thompson QC (For: Eava · Efa)
- Representative
- Irvine Marr (For: Eava · Efa)
- Representative
- Nicholas Braganza (For: Eava · Efa)
- Representative
- Clyde & Co LLP (For: Eava · Efa)
- Expert
- Mr James Whelan (For: Eava · Efa)
Dubai International Financial Centre Courts, Court of First Instance
Other
- Witness
- Mr Khusroo of Efa
- Institutional administrator
- Amna Al Owais
- Date not availableEngland
Date not availableEngland
Arbitral awards dated 28 March 2012 and additional memoranda dated 14 June 2012
- Decision summary
- The arbitrators determined that the assignments were not absolute assignments under section 136 of the Law of Property Act 1925, so the Claimants retained their legal rights under the charters and the Efa guarantee. They also determined amounts of outstanding charter hire and sums due under the guarantee.
Supporting details
5 participants