Arbitral Digest

Matter

GINETTE PJSC v GEARY MIDDLE EAST FZE and GEARY LIMITED

Seat
United Arab Emirates
Applicable rules
Arbitration Rules of the DIFC-LCIA Arbitration Centre
  1. 17 November 2014United Arab Emirates

    17 November 2014United Arab Emirates

    DIFC-LCIA Arbitral Award dated 17 November 2014

    DIFC-LCIA Arbitration Centre

    Decision summary
    The sole arbitrator ordered GINETTE PJSC to pay GEARY MIDDLE EAST FZE and GEARY LIMITED AED 31,500,000, accrued interest of AED 5,498,339.14, AED 10,356 per day from 1 September 2013 until payment, and specified costs.

    Supporting details

    3 participants
    GINETTE PJSC
    GEARY MIDDLE EAST FZE
    GEARY LIMITED
    DIFC-LCIA Arbitration Centre

    1 year, 4 months and 21 days later · 507 days

  2. 7 April 2016United Arab Emirates

    7 April 2016United Arab Emirates

    Order of the Dubai International Financial Centre Courts, Court of First Instance in GINETTE PJSC v GEARY MIDDLE EAST FZE and GEARY LIMITED dated 7 April 2016

    Dubai International Financial Centre Courts, Court of First Instance

    Decision summary
    The Court dismissed GINETTE PJSC's application to set aside the 17 November 2014 DIFC-LCIA arbitral award, granted GEARY MIDDLE EAST FZE and GEARY LIMITED's application to recognise and enforce the award, and ordered GINETTE PJSC to pay their costs. The applications proceeded jointly after consolidation.

    Supporting details

    9 authorities · 5 participants
    GINETTE PJSC
    GEARY MIDDLE EAST FZE
    GEARY LIMITED
    Dubai International Financial Centre Courts, Court of First Instance
    Other
    Institutional administrator
    Maha Al Mehairi

    Authorities cited

    9
    • Dubai International Financial Centre Law No. 1 of 2008
      statute
    • Federal Law No. 2 of 2015 (UAE Companies Law) (Federal Law No. 2 of 2015)
      statute
    • DIFC Contract Law, No. 6 of 2004
      statute
    • Federal Law No. 18 (1993) in respect of Commercial Transactions
      statute
    • UAE Civil Code
      statute
    • Dubai Court of Cassation, Case 547 of 2014
      case-law
    • UAE Union Supreme Court Judgment of 21 March 2010 in Cases 358 and 375 of 2009
      case-law
    • Arbitration Rules of the DIFC-LCIA Arbitration Centre
      rules
    • RDC 38.7
      rules

Matter record

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GINETTE PJSC v GEARY MIDDLE EAST FZE and GEARY LIMITED · Matter