Al Tamimi v. Al Chamaa [2017] 1 JLR 92 (23 February 2017)

Al Tamimi v. Al Chamaa [2017] 1 JLR 92 (23 February 2017)

Shares were not held subject to a nominee arrangement by the wife for the husband, as company records, incorporation documents, and information given to the JFSC stated that the wife was the ultimate beneficial owner.

Citation
[2017] 1 JLR 92
Parties
Applicant: Al Tamimi; Respondent: Al Chamaa
Jurisdiction
Jersey
Judgment Date
23 February 2017
Procedural Posture
Civil / Judgment
Outcome
claim dismissed
Legal Topics
Nominee Shareholders, Beneficial Ownership, Company Records, Misrepresentation
Company Law Nominee Shareholders Beneficial Ownership Company Records Misrepresentation

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Party arguments 2
Sign in to unlock

Parties

Al Tamimi

Applicant

Al Chamaa

Respondent

Procedural Posture

Civil / Judgment

Legal Issues

  1. 1 Whether shares held by wife were subject to a nominee arrangement for husband
  2. 2 Whether company records and information to Jersey Financial Services Commission (JFSC) establish beneficial ownership

Ratio Decidendi

Shares were not held subject to a nominee arrangement by the wife for the husband, as company records, incorporation documents, and information given to the JFSC stated that the wife was the ultimate beneficial owner.

Court Disposition

claim dismissed