A departing partner moved company funds into a personal account. We secured them before they left the country. Sample case study.
Practice
Dispute Resolution
Forum
DIFC Courts
Duration
48 hours
Team
Mariam Hale, Omar Khalil
Outcome
Funds frozen and returned
The challenge
On a Thursday evening a client discovered that a departing partner had transferred AED 3.4 million of company money to his own account.
He had a flight booked for the following week.
Our approach
Speed mattered more than anything else, so we worked through the weekend.
01
Trace the money
We traced the transfers with the client’s bank and prepared a sworn statement overnight.
02
Apply without notice
We applied to the DIFC Courts for a freezing order without notice on Saturday morning.
03
Serve and settle
The order was granted and served by Monday. The funds were returned within a month.
Funds frozen before they could leave the country.
48
hrs
From first call to the order
3.4
AED m
Frozen and later returned
1
month
To full repayment
In the client’s words
“I called on a Thursday night. By Monday the money was frozen.”
Managing director · Sample testimonial
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