Dubai Entity — JVA Partner (KMG)

KJM Marine LLC

Dubai dealership & manufacturing JVA counterparty — Board 2 of dual-track comparison
Alias: KMG  •  KJI Marina Boats Manufacturing LLC  •  DIFC / Dubai Courts
Active DIFC litigation W2605 entity deepen

Overview

JV Partner → Litigation Target

On 20 Mar 2023, Steven Ivankovich deployed capital into a Dubai manufacturing joint venture with KJM Marine LLC through KJI Marina Boats Manufacturing LLC (Arrow 320 / premium leisure vessels). The same controller later sued KJM in DIFC — CFI 068/2024 (anti-suit injunction, $144,684.78 indemnity costs, 26 Mar 2025) and CFI 091/2024 (Contessa v. KJM). This mirrors the Florida pattern on Board 1: pitch partnership, deploy capital, then sue the operating partner.

KJM Marine LLC (working speech KMG) is the Dubai dealership and JVA counterparty in the Ivankovich enterprise’s second capital track. While Florida SYG faced the CMR counterclaim inversion, Dubai capital ran in parallel — Neirah purchase orders (Oct 2023), Octopussy relocation into the Dubai theater after the $400K substitute-security release, and a three-front triangle: CMR v SYG · Ivankovich v KJM · CMR v KJM.

Key Data Points

2023-03-20
JVA with KJI Marina Boats Manufacturing LLC
$144,684.78
CFI 068 anti-suit costs on indemnity basis (26 Mar 2025)
CFI 068 / 091
Ivankovich personal + Contessa claims against KJM
KMG
CEO vernacular alias — legal entity KJM Marine LLC

DIFC Proceedings

Steven Ivankovich v KJM Marine LLC
DIFC CFI 068/2024
Anti-suit injunction granted Mar 26, 2025; restrains parallel Dubai Courts action under exclusive JVA jurisdiction clause; indemnity costs awarded.
Contessa Marine Research LLC v KJM Marine LLC
DIFC CFI 091/2024
Commercial dispute; hearing Jun 17, 2026 (Justice Michael Black). Public docket fact only — hearing media locators withheld (W2510).
Parallel Dubai Courts proceedings
Nov 20, 2024
Later characterized in DIFC as vexatious / oppressive vs exclusive JVA clause.

Connected Parties

Steven Ivankovich →
Capital controller; plaintiff CFI 068; JVA signatory
Contessa Marine Research →
Plaintiff CFI 091; same enterprise on Florida + Dubai tracks
IMG Marine LLC →
Related manufacturing / judgment-debtor fleet (UAEIMG HIN prefix)
Dual-Track Comparison →
Board 2 overlap bands — CMR vs KJM / KMG
Board 2 — CMR vs KJM Contessa Marine Full timeline
Sources: DIFC CFI 068/2024 judgment (public) · DIFC CFI 091/2024 docket · W2578 TRIP lock · W2609 img-jv-vessel-custody-lock.json · W2579 dual-track comparison. Alias KMG = KJM Marine LLC. CFI 091 hearing media intentionally omitted (W2510 Joe Seinitz hold).