CFI 014/2016 (1) Mr Rafed Abdel Mohsen Bsder Al Khorafi (2) Mrs Amrah Ali Abdel Latif Al Hamad (3) Mrs Alia Mohamed Sulaiman Al Rifai v (1) Bank Sarasin-Alpen (ME) Limited  (2) Bank J. Safra Sarasin Limited
CFI 014/2016 (1) Mr Rafed Abdel Mohsen Bsder Al Khorafi (2) Mrs Amrah Ali Abdel Latif Al Hamad (3) Mrs Alia Mohamed Sulaiman Al Rifai v (1) Bank Sarasin-Alpen (ME) Limited  (2) Bank J. Safra Sarasin Limited
July 09, 2018  court of first instance - Orders
Claim No. CFI-014-2016
THE DUBAI INTERNATIONAL FINANCIAL
COURTS
IN THE
COURT
OF FIRST INSTANCE
BEFORE JUSTICE SIR DAVID STEEL
BETWEEN
(1)   MR RAFED ABDEL MOHSEN BADER AL KHORAFI
(2)   MRS AMRAH ALI ABDEL LATIF AL HAMAD
(3)   MRS ALIA MOHAMED SULAIMAN AL RIFAI
Claimants
and
(1)   BANK SARASIN-ALPEN (ME) LIMITED
(2)   BANK J. SAFRA SARASIN LIMITED
Defendants
ORDER OF JUSTICE SIR DAVID STEEL
UPON
the Second
Defendant
’s application for strike-out and/or summary judgment by Application Notice dated 1 June 2017 (the “Application”) having been disposed of by the
Court
’s Order dated 18 April 2018
AND UPON
the Claimants having applied for their costs of the Application, and the Second Defendant having applied for permission to appeal and for a stay pending appeal by Application Notice dated 9 May 2018
AND UPON
hearing Counsel for the Claimants and Counsel for the Second Defendant
AND UPON
the Court noting that, as regards the Second Defendant’s Applications, it would issue a reserved judgment and that directions would be set down following further submissions as to these by the parties
IT IS ORDERED THAT
the Second Defendant shall pay the Claimants’ costs of the Application in the sum of USD 260,000 by no later than
4pm on Monday, 9 July 2018
.
Issued by:
Ayesha Bin Kalban
Assistant
Registrar
Date of Issue: 9 July 2018
At: 1pm