Judgment
Ahmad Hamad Algosaibi and Brothers Company v Saad Investments Finance Company (No. 5) Limited - Judgment
FSD 0014/2010 (ASCJ) · 2013-10-16
Whether indemnity costs should be awarded against AHAB for its conduct in pursuing claims against SIFCO 5; Whether AHAB's conduct in prosecuting its claim was unreasonable, improper, or negligent; Whether immediate taxation of costs should be allowed for SIFCO 5, given the conclusion of the action against it; Whether SIFCO 5 is entitled to enforce costs against AHAB's security for costs or interim payment; Whether the court has jurisdiction to order interim payment of costs in the absence of express statutory provisions; Whether directions for an inquiry into damages arising from the Worldwide Freezing Order (WFO) should be issued immediately or deferred.
Full metadata
| Cause Number | FSD 0014/2010 (ASCJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Smellie CJ |
| Parties | Ahmad Hamad Algosaibi and Brothers Company v Saad Investments Finance Company (No. 5) Limited - Judgment |
| Judgment Date | 2013-10-16 |
| Subject | Whether indemnity costs should be awarded against AHAB for its conduct in pursuing claims against SIFCO 5; Whether AHAB's conduct in prosecuting its claim was unreasonable, improper, or negligent; Whether immediate taxation of costs should be allowed for SIFCO 5, given the conclusion of the action against it; Whether SIFCO 5 is entitled to enforce costs against AHAB's security for costs or interim payment; Whether the court has jurisdiction to order interim payment of costs in the absence of express statutory provisions; Whether directions for an inquiry into damages arising from the Worldwide Freezing Order (WFO) should be issued immediately or deferred. |
| Filename (current) | 13-10-16-Ahmad-Hamad-Algosaibi-Brothers-v-SAAD-Investment-Co-8-Ors.pdf |