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Judgments

Licorne Gulf Consulting QFZ LLC v Tamanna BNPL LLC and others

Court of First Instance
CTFIC0053/2026
Neutral Citation
[2026] QIC (F) 52
Date
11 August 2026
Status
Keywords
First Instance Circuit
Judges
Fritz Brand
Dr. Muna Al-Marzouqi
Tan Sri Nallini Pathmanathan
Summary

In a case before the Qatar Financial Centre Civil and Commercial Court, Licorne Gulf Consulting sought interim relief against Tamanna BNPL LLC, Spendwisor Inc., and Safarudheen Farook. Licorne claimed entitlement to 150,000 shares in Spendwisor based on a loan agreement and subsequent transactions. Despite Spendwisor's repayment of the loan, Licorne asserted that share allocations were unaffected. The court granted interim relief to preserve documents and prevent actions that might devalue Licorne's shares, finding Licorne had a prima facie case and might suffer irreparable harm without the injunction. The court highlighted that the balance of convenience favored Licorne.

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Judges

  • Fritz Brand

    South Africa

  • Dr. Muna Al-Marzouqi

    Qatar

  • Tan Sri Nallini Pathmanathan

    Malaysia

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