IMMS v BankMed SAL [2019] DIFC CA 013
Area of Law: International and OffshoreIn IMMS v BankMed SAL [2019] DIFC CA 013, Rupert Reed QC and Gregor hogan acted on the appeal of an interim refusal to grant an injunction freezing assets to the value of USD 755 million. Although the Court declined to find a sufficient risk of dissipation, it is likely to confirm the putative jurisdiction of the DIFC Courts to grant interim relief in support of foreign court and arbitral proceedings.