(idexonline.com) - Ernie Blom has won the first stage of a legal battle against the World Federation of Diamond Bourses (WFDB), from which he stepped down as president last month. A court has threatened the WFDB with a $27m fine if it complies with a request to suspend him as a bourse member. Mr Blom challenged the right of the WFDB to have him banned from one of its member bourses, the Dubai Diamond Exchange (DDE). A commercial court in Antwerp has now made an interim ruling that prohibits the WFDB from having him suspended or excluded from the DDE, pending a further hearing.
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14 october 2026
