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Event: Huobi v Tabarak and what is meant by the DIFC being a ‘common law jurisdiction’?

Event: Huobi v Tabarak and what is meant by the DIFC being a ‘common law jurisdiction’?

The Ritz Carlton Dubai DIFC

9th July 2024
9am - 11am +04

Join key members of the Huobi case for an insightful discussion on the key takeaway points from this landmark judgment on Tuesday, 9th July 2024 at The Ritz-Carlton, Dubai.

We are delighted to invite you to join key team members on the Huobi case, Andrew Spink KC and Justina Stewart of Outer Temple Chambers, and Peter Smith of Charles Russell Speechlys LLP. Chaitanya Kediyal of Outer Temple Chambers supported the team in this case and will join the panel with his observations. The event will be chaired by David Russell KC of Outer Temple Chambers.

In the much anticipated judgment, GATE MENA DMCC & HUOBI MENA FZC V TABARAK INVESTMENT CAPITAL LTD & ANR, the DIFC Court of Appeal (Justice Black KC giving the leading judgment) reviewed the law in relation to digital assets, and made observations in relation to DIFC law which have implications beyond digital assets. A re-trial against Tabarak has been ordered.

This issue has been brought into sharp focus with the DIFC Authority’s recent consultation – ‘Proposed Amendments to the Law on the Application of Civil and Commercial Laws in the DIFC’. Issues considered at this talk will be wide-ranging, and will include fundamental questions such as whether consideration is required under the DIFC Contract Law.

The expert panel will discuss the key points from the judgment, alongside where the DIFC is and where it is going in terms of its status as a common law jurisdiction.

Agenda

9:00am – Registration and coffee
9:15am – Panel discussion
10:30am – Networking
11.00am – Close

Book your place

This event will be held in-person at Salon 2, The Ritz-Carlton, Dubai. Places are limited and booking is required.

To book your place, email communications@outertemple.com

Speaker Bios

David Russell KC

David Russell KC commenced legal practice in 1974. He currently practises in Dubai, London, and Abu Dhabi (Outer Temple Chambers), Sydney (Ground Floor Wentworth Chambers) and Brisbane (Sir Harry Gibbs Chambers). He has acted for Commonwealth and State Governments as well as individuals and corporations. David was President of the Taxation Institute of Australia from 1993 to 1995, and of the Asia Oceania Tax Consultants’ Association from 1996 to 2000.

Andrew Spink KC

Andrew Spink KC is a highly respected advocate with 38 years’ experience at the Bar and over 20 years as a successful silk (QC/KC). Andrew has an extensive business law practice, specialising particularly in disputes or advisory work relating to the interpretation or breach of most types of commercial contract and trust deed, claims for breach of fiduciary duty, freezing injunctions & asset recovery, cross-jurisdictional issues, claims for damages & other relief in the context of pensions & other commercial trusts, banking & financial servicesfintech & a wide range of other commercial contracts, professional negligence claims and company law and insolvency issues.

Justina Stewart

Justina Stewart’s practice encompasses the full range of commercial litigation, with a particular emphasis on banking and financial servicescivil fraudfintech and digital assets, insolvency and international arbitration. Justina is ranked as a Leading Junior in Chambers UK Bar, Chambers Global, Legal 500 and Legal 500 Middle East. Justina’s cases frequently involve multi-jurisdictional elements and matters which are notable for their complexity and novelty.

Chaitanya Kediyal

Chaitanya practises across Chambers’ core areas. He has experience in commercial litigationcivil fraudcompany and insolvency disputesemploymentsportsdigital assetssanctionspensions, and trusts litigation. Chaitanya also has experience of disputes with an international element, particularly those with an emphasis on the Middle East.

Peter Smith

Peter is a barrister at Charles Russell Speechlys with experience of a wide range of civil and commercial disputes and sectors, including arbitration, banking and finance, company, employment, insurance, insolvency, media, real estate, technology and construction, and professional negligence. Peter was a key part of the legal team instructed in this case.

Events, News 3 Jul, 2024

Authors

David Russell KC

Call: 1977 (Australia) Silk: 1986

Andrew Spink KC

Call: 1985 Silk: 2003

Justina Stewart

Call: 2010

Chaitanya Kediyal

Chaitanya Kediyal

Call: 2022

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