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Through its supervisory arbitrational jurisdiction under Law No 2 of 2017 issuing the Arbitration Law in Civil and Commercial Matters, parties can elect the QICDRC as the “Competent Court” of arbitration to perform various functions in relation to interim measures, enforcement of awards and appeals.
J v K
CTFIC0064/2025
Neutral Citation
[2025] QIC (F) 65
Date
02 December 2025
Status
Judges
Fritz Brand
Summary

A German bank in voluntary liquidation sought an interim injunction against a QFC-incorporated holding company in a case related to unpaid arbitration awards. The bank had won awards totaling over EUR 250 million against subsidiaries of a Russian company but faced enforcement challenges. The bank alleged that the QFC holding company’s shares were transferred to another entity to evade enforcement. The court granted the injunction to prevent asset dissipation. The bank needed to show a prima facie case, potential irreparable harm, and balance of convenience to obtain the injunction, which it successfully did.
Judges
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Fritz Brand
South Africa
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