Coinmena B.S.C. v Foloosi Technologies Ltd [2026] DIFC CFI 067 (20 April 2026)

Coinmena B.S.C. v Foloosi Technologies Ltd [2026] DIFC CFI 067 (20 April 2026)

The Court exercised its discretion to award 80% of the Claimant's claimed costs, finding this proportion reasonable and proportionate in light of the nature of the permission to appeal application and the overall circumstances.

Citation
[2026] DIFC CFI 067
Parties
Claimant: Coinmena B. S. C.; Defendant: Foloosi Technologies Ltd.
Jurisdiction
United Arab Emirates
Judgment Date
20 April 2026
Procedural Posture
Civil / Costs Order Following Dismissal of Permission to Appeal Application
Outcome
Defendant ordered to pay 80% of Claimant's costs of the permission to appeal application.
Legal Topics
Costs, Appeals, Summary Judgment, Strike Out
Civil Procedure Costs Appeals Summary Judgment Strike Out

Case Brief

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Parties

Coinmena B. S. C.

Claimant

Foloosi Technologies Ltd.

Defendant

Procedural Posture

Civil / Costs Order Following Dismissal of Permission to Appeal Application

Legal Issues

  1. 1 Whether the Defendant should pay the Claimant's costs of the permission to appeal application and in what proportion

Ratio Decidendi

The Court exercised its discretion to award 80% of the Claimant's claimed costs, finding this proportion reasonable and proportionate in light of the nature of the permission to appeal application and the overall circumstances.

Court Disposition

Defendant ordered to pay 80% of Claimant's costs of the permission to appeal application.

Orders

  • Defendant to pay Claimant USD 23,670.17 within 14 days.
  • Interest at 9% per annum to accrue if payment is not made within 14 days.