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Qatar Financial Centre Regulatory Authority and Qatar Financial Center Authority v Horizon Crescent Wealth LLC, and Mohammed Al-Emadi
CTFIC0019/2023
Neutral Citation
[2026] QIC (A) 2
Date
12 February 2026
Status
Judges
The Rt. Hon. The Lord Thomas of Cwmgiedd
Chelva Rajah SC
Fritz Brand
Summary
In the case of Horizon Crescent Wealth LLC's liquidation, the Qatar Financial Centre Civil and Commercial Court's Appellate Division granted appeals for Ms. Gharbi and Mr. Compagni, admitting their trust claims alongside Mr. Rime's. Mr. Sebti's appeal was dismissed, and appeals from Ms. Aponte, Ms. Agudelo, and Mr. Baeriswyl were refused. The Liquidator was authorized to pay amounts to trust beneficiaries and submit a report by August 2026. HCW, involved in trust administration, faced significant penalties and liquidation after money laundering suspicions, with regulatory actions upheld by the court.
Judges
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The Rt. Hon. The Lord Thomas of Cwmgiedd
Wales
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Chelva Rajah SC
Singapore
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Fritz Brand
South Africa
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