DIFC 020/2013

Sarinton Trading Inc v Mr Andreas Michael Reichmuth

Summary

Subject to the consent of Damac Real Estate Asset Management Company Limited, the interests of the defendant under the sale and purchase agreements dated 13 May 2007 for unit numbers DFA/29/A2905, DFA/29/A2906, DFO/P7A/7 and DFO/P7A/8 in Park Towers at the Dubai International Financial Centre have been wholly assigned to the claimant, it was ordered that the costs of and associated with the claimant's claim and the claimant's application for default judgment would be subject to a detailed assessment before the DIFC court registrar. The claimant was at liberty to apply to the court for:

(a) damages resulting from the defendant's breach of the assignment agreement;

(b) pre- and post-judgment interest on any damages, costs or disbursements; and

(c) such further or other relief as the court may deem just.

Under RDC 14.2, the defendant's attention was drawn to his right to make an application to set aside or vary the default judgment.

Issued by Justice Sir John Chadwick, Judge.