Legal News

Dubai court recognises and enforces Singapore judgment over ICC award (Passport Special Opportunities Fund v ARY Communications & Ors)

Published on: 11 June 2018
Published by a Law360 reporter

Table of contents

  • What did the court decide?

Article summary

Law360: The Court of First Instance of the Dubai International Financial Centre Courts (DIFC) ordered Pakistani media company ARY Communications Ltd to pay nearly $US 13 million to a California investment firm to satisfy an International Court of Arbitration of the International Chamber of Commerce (ICC) award that was issued following a dispute stemming from a funding agreement.

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