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Judgments

Thales QFZ LLC v AlJaber Engineering Company W.L.L.

CTFIC0042/2024
Neutral Citation
[2024] QIC (F) 55
Date
28 November 2024
Status
Judges
Fritz Brand
Summary

In a judgment dated 28 November 2024, the Qatar Financial Centre Civil and Commercial Court, presided by Justice Fritz Brand, ordered Valjaber Engineering W.L.L. to withdraw their payment demand issued to BNP Paribas Qatar related to a performance guarantee concerning a subcontract with Thales QFZ LLC. The court upheld the interim injunction granted earlier, pending the outcome of the case. The judgment centered on the "fraud exception," which allows the court to restrain a call on a performance bond if it is proven fraudulent. The court found a prima facie case of fraud in the demand made by Valjaber Engineering.

Judges

  • Fritz Brand

    South Africa

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