Freezing Orders: DIFC Courts Expand Role in Global Asset Recovery with Landmark Decision
February 17, 2025
Freezing Orders: DIFC Courts Expand Role in Global Asset Recovery with Landmark DecisionFebruary 17, 2025 Carmon Reestrutura-Engenharia E Serviços Técnios Especiais, (SU) LDA v Antonio Joao Catete Lopes Cuenda [2024] DIFC CA 003 Key Takeaways
The Facts of the CaseThe claimant (“C”), an Angolan construction company, claimed that its former senior officer (“D”) misappropriated over USD 20 million, transferring the funds to accounts worldwide, including two with a Dubai-based bank. The DecisionThe DIFC Court of Appeal upheld C’s appeal and reinstated the WFO, confirming that the DIFC Courts have jurisdiction to issue FOs in support of anticipated foreign judgments. The Court gave the following reasons:
This decision reinforces the DIFC’s role in the global market for "litigation business", solidifying its reputation as a forward-thinking and efficient forum for international dispute resolution in a key financial hub. [1] (1) Sandra Holding Ltd (2) Nuri Musaed Al Saleh v (1) Fawzi Musaed Al Saleh (2) Ahmed Fawzi Al Saleh (3) Yasmine Fawzi Al Saleh (4) Farah El Merabi [2023] DIFC CA 003 Law No. 12 of 2004 in respect of the Judicial Authority at DIFC as amended [2] Broad Idea International Ltd v Convoy Collateral Ltd (British Virgin Islands) [2021] UKPC 24. Latest Insights
Latest News
Latest Events
legal updates September 10, 2026 EU WEEE Directive Reform: Tighter Rules, Rising Costs legal updates September 10, 2026 Part 3a of What is the role of Gen AI in Litigation Series guides and reports September 10, 2026 EU Cyber Resilience Act: Single Reporting Platform Goes Live legal updates September 10, 2026 Hong Kong: PCPD issues further guidance on best practices in the use of age... firm news August 26, 2026 Eversheds Sutherland strengthens top-ranked pensions practice with appointm... firm news August 19, 2026 Balancing risk and security: Eversheds Sutherland advises the Trustee of th... client news August 13, 2026 Eversheds Sutherland advises H.I.G. Capital on investment in Phoenix ME client news August 13, 2026 Eversheds Sutherland reappointed to the UK's Government Commercial Agency l... virtual Education Webinar - IP commercialisation for education institutions September 16, 2026 11:00AM - 12:00PM virtual Education Webinar - Generative AI in education September 17, 2026 11:00AM -12PM Manchester, United Kingdom in-person Basic foundations of US employment law September 17, 2026 9.30am - 4.30pm (GMT) London, United Kingdom virtual Student Sponsor Compliance Visits: Are You Prepared? September 23, 2026 11:00AM - 12:00PM |