Claim No. CFI 030/2022
IN THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURT
IN THE COURT OF FIRST INSTANCE
BETWEEN
M.A.D. ATELIER INTERNATIONAL B.V.
Claimant
and
(1) MR AXEL MANES
(2) MS CATHERINE ZHILLA
Defendants
CONSENT ORDER
UPON reading the letter from the Claimant’s solicitors
AND UPON the parties having agreed terms of a confidential settlement on 17 November 2023
AND UPON the Freezing Order of Justice Lord Angus Glennie dated 18 March 2022 granted against Axel Manes and extended by further Freezing Order dated 25 March 2022 (the “Freezing Orders”)
IT IS HEREBY ORDERED BY CONSENT THAT:
1. All further proceedings in connection with this action be stayed upon the terms set out in the confidential Settlement Agreement between the parties dated 17 November 2023, the original of which has been kept by the Claimant's solicitors and a copy of which has been kept by the First Defendant's solicitors, except for the purpose of enforcing those terms.
2. Each party shall have permission to apply to the Court to enforce those terms without the need to bring a new claim.
3. The Freezing Orders against the First Defendant be discharged with immediate effect
4. There shall be no order as to costs.
Issued by:
Hayley Norton
Assistant Registrar
Date of issue: 12 January 2024
At: 2pm