Arbitral Digest

Matter

Omanand v Ondrei (Dubai International Financial Centre Court of First Instance ARB-050-2025)

  1. 16 December 2025Arbitration

    16 December 2025Arbitration

    Final Arbitral Award dated 16 December 2025

    Decision summary
    The International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation found Ondrei liable for RUB 50,129,616,964.31 under personal guarantees securing two 2023 loans to Onnjelo.

    Supporting details

    2 participants
    Omanand
    Ondrei

    1 day later · 1 days

  2. 17 December 2025United Arab Emirates

    17 December 2025United Arab Emirates

    Judgment of the Dubai Court of Appeal in Grievance Appeal No. XX dated 17 December 2025

    Dubai Court of Appeal

    Decision summary
    The Dubai Court of Appeal set aside the Commercial Precautionary Seizure securing Ondrei's assets in the United Arab Emirates.

    Supporting details

    2 participants
    Omanand
    Ondrei
    Dubai Court of Appeal

    1 month and 5 days later · 36 days

  3. 22 January 2026United Arab Emirates

    22 January 2026United Arab Emirates

    Order with Reasons of the Dubai International Financial Centre Court of First Instance in the case ARB-050-2025 dated 22 January 2026

    Dubai International Financial Centre Court of First Instance

    Decision summary
    The Court held that it had jurisdiction to grant precautionary relief in support of a foreign arbitration after issuance of a final award and found a good arguable case of a real risk of unjustified dissipation. It continued the freezing order but limited it to the DIFC and the United Arab Emirates, granted the application to replace the USD 5 million guarantee with payment into the DIFC Courts escrow account, dismissed the set-aside application otherwise, and reserved costs pending determination of the Final Award's enforceability.

    Supporting details

    16 authorities · 4 participants
    Omanand
    Ondrei
    Dubai International Financial Centre Court of First Instance
    Other

    Authorities cited

    16
    • RDC Part 25
      court rule
    • Dubai Law No. 2 of 2025 concerning the DIFC
      statute
    • Carmon Reestrutura – engenharia E Servicos Tecnios Especiais (SU) LDA v Antonio Joao Catete Lopes Cuenda [2024] DIFC CA 003 ([2024] DIFC CA 003)
      case
    • Trafigura v Gupta [2025] DIFC CA 001 ([2025] DIFC CA 001)
      case
    • Oran v Oaken [2025] DIFC CA 004 ([2025] DIFC CA 004)
      case
    • Bocimar International NV v Emirates Trading Agency LLC [2015] DIFC CFI 008 ([2015] DIFC CFI 008)
      case
    • Congentra AG v Sixteen Thirteen Marine SA [2008] EWHC 1615 (Comm) ([2008] EWHC 1615 (Comm); [2008] 2 CLC 51)
      case
    • Thane v Tomlinson [2003] EWCA Civ 1272 ([2003] EWCA Civ 1272)
      case
    • Holyoake v Candy [2016] EWHC 970 ([2016] EWHC 970; [2018] Ch 297)
      case
    • Holyoake v Candy [2017] EWCA Civ 92 ([2017] EWCA Civ 92; [2018] Ch 297)
      case
    • JSC Mezhdunarodniy Promyshlenniy Bank v Pugachev [2014] EWHC 4336 (Ch) ([2014] EWHC 4336 (Ch))
      case
    • Metropolitan Housing Trust v Taylor [2015] EWHC 2897 (Ch) ([2015] EWHC 2897 (Ch))
      case
    • Lakatamia Shipping [2019] EWCA Civ 2203 ([2019] EWCA Civ 2203)
      case
    • VTB Capital Plc v Nutritek Corp [2012] Civ 808 ([2012] Civ 808; [2012] 2 Lloyd's Rep 313)
      case
    • Tugushev v Orlov [2019] EWHC 2031 ([2019] EWHC 2031)
      case
    • Dadourian Group v Simms [2006] EWCA Civ 399 ([2006] EWCA Civ 399)
      case

Matter record

Report a correction

Omanand v Ondrei (Dubai International Financial Centre Court of First Instance ARB-050-2025) · Matter