(1) CLAIMANT A, (2) CLAIMANT B v. DEFENDANT

Following a judgment dismissing the claimants’ challenge to the arbitral tribunal’s jurisdiction and rejecting the defendant’s application for an anti-suit injunction, the AIFC Court determined the issue of costs. The Court held that the claimants, having failed on the jurisdiction issue, must pay the defendant’s costs of USD 25,015.40. The Court also found that although the defendant’s anti-suit injunction application was unsuccessful, it had initially been justified, and therefore ordered the defendant to pay only half of the claimants’ costs on that issue, amounting to USD 7,250. Download PDF