Eli Mydlarz v Sadapay Technologies Ltd [2026] DIFC CFI 035 (29 January 2026)
Sadapay failed to establish that any of its proposed grounds of appeal have a real prospect of success or that there is some other compelling reason why permission to appeal should be granted; the Renewed Application is dismissed with costs.
- Citation
- [2026] DIFC CFI 035
- Parties
- Claimant: Eli Mydlarz; Defendant: Sadapay Technologies Ltd
- Jurisdiction
- United Arab Emirates
- Judgment Date
- 29 January 2026
- Procedural Posture
- Appeal / Renewed Application for Permission to Appeal
- Outcome
- Renewed application for permission to appeal dismissed with costs.
- Legal Topics
- Jurisdiction, Time Bar, Share Option Plan, Fair Market Value, Permission to Appeal
Case Brief
Summary, issues, holding and outcome
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Parties
Eli Mydlarz
Claimant
Sadapay Technologies Ltd
Defendant
Procedural Posture
Appeal / Renewed Application for Permission to Appeal
Legal Issues
- 1 Whether the claim was time barred
- 2 Whether the determination of Fair Market Value was in accordance with the Grant Agreement and SIP
- 3 Whether permission to appeal should be granted
Ratio Decidendi
Sadapay failed to establish that any of its proposed grounds of appeal have a real prospect of success or that there is some other compelling reason why permission to appeal should be granted; the Renewed Application is dismissed with costs.
Court Disposition
Renewed application for permission to appeal dismissed with costs.
Orders
- The Renewed Application is dismissed.
- The Defendant shall pay the Claimant’s costs of the Renewed Application to be assessed.
Full Case Text
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