Dubai UAE News from the Press Property Market Disaster and More

  • February 2012
    M T W T F S S
    « Jan   Mar »
  • Middle East Unrest Update

  • Talk of the Town

    Jo Hopworth on Justice For Natalie – Na…
    Mariam on Criminal Complaint filed in Ge…
    Martin Kraeter on ACI Dubai Funds filed bankrupt…
    Independent Observer on Iranian’s lawsuit reveals roya…
    Rado on DubaiTouristen landen schnell…
    Dubai Citizen on Al Fajer Properties Case…
    Dane on Outlook in concrete- Dubai Wor…
    jamesl fayad on RERA Dubai – Dubai Prope…
    Jacques on Malika Karoum finally arrested…
    James Brown on ACI – Alternative Capita…
    Journalist on Al Fajer Properties-500 Invest…
    ron oakeley on ACI – Alternative Capita…
    Benson Fu on Shahram Zadeh against Al Fajer…
    Monika on RERA – Dubai mulls cance…
  • Top Rated Comments

  • Top Posts

  • RSS Dubai United Arab Emirates Property Real Estate Debt Fraud Developer Investor Court News

    • Criminal Complaint filed against Al Fajer Properties Sheikh Maktoum
      Criminal Complaint filed in Germany against Sheikh Maktoum Hasher Maktoum Juma Al Maktoum CEO of Dubai Developer Al Fajer Properties The Dubai Sheikh who mislead and extort a German Couple  Germany – Dubai 2011 A German elderly couple , today 80 + 50 years old who have been Dubai Tourists since a decade, bought in 2005 an apartment at Nakheel´s Dubai Residen […]
    • UAE: Human Rights Blogger, Sorbonne Lecturer Charged With ‘Humiliating' Officials
      source Human Rights Watch www.hrw.org (Beirut) - The United Arab Emirates attorney general should immediately drop all charges against five pro-democracy activists to halt their trial, Human Rights Watch said today. The charges of "humiliating" top officials relate solely to the defendants' peaceful use of speech to criticize the UAE governmen […]
    • Nakheel Dubai Sunland Case
      June 5, 2011After 21 hearings, Chris O'Donnell, the Australian chief executive of Dubai's major developer, Nakheel, came to the defence of his former colleagues Matthew Joyce and Marcus Lee. Mr Joyce and Mr Lee are accused of profiting from the sale of land that had been earmarked for a colossal high-rise development, which was to include the futur […]
    • Dubai Nakheel CEO decided to leave the company
      Dubai June 7, 2011 Nakheel said on Wednesday that its CEO Chris O'Donnell had left the company "after completing his contract terms". O'Donnell, an Australian who joined the developer in 2006, said he had decided to leave Nakheel following five years spent with the company, the statement added. O'Donnell has overseen a traumatic time […]
    • Owner of Dubai Developer Damac Hussain Sajwani files case against Egypt corruption ruling
      Dubai property developer Damac said on Tuesday it had filed an international arbitration case against Egypt over a land dispute and the conviction of its chairman and owner, Hussain Sajwani.A Cairo court last week sentenced Sajwani in his absence to jail and ordered him to pay a $40.5 million fine in connection with his 2006 purchase of land at Egypt's […]
    • Dubai Palm Jumeriah - Investors plan to take legal action
      Investors in Dubai Palm Jumeirah’s Golden Mile complex will this week serve the developer behind the project with a legal ultimatum to hand over their units or issue them with a refund.Up to ten investors in the luxury complex plan to issue Souq Residences with legal notice in a bid to force a resolution to a dispute that has been ongoing for more than a yea […]
  • Top Rated Posts

    • 387,330 visitors 2010
  • Disclaimer 7 Stars Dubai

    This Website of the Blog 7starsdubai.wordpress.com and 7starsdubai.com content still existing media releases and comments from reputated press and websites only. The content of this Website focus to consumer protection for Investors of the Dubai Property market, the UAE and the Middle East. Press Article from the international Press who report about Fraud in relation with Property Investment and Real Estate Developer Investor Disputes in Dubai and the UAE as well reports from the Press about other criiminal acts and Civil Real Estate cases, Lawsuits before the Court in Dubai, the UAE or other countries. Furtheron we show reports about consumer protection and human rights in the Middle East. Actual Topics about the Unrest in Middle East. The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of this site does not constitute advice or a recommendation by us.Communications and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this Web site. We can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on this Web site nor do opinions of contributors necessarily reflect those of us.In no event shall we be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to this Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise. Comment Rules: Although the administrators and moderators of 7starsdubai.com will attempt to keep all objectionable comments off this Blog, it is impossible for us to review all comments . All messages express the views of the author, and neither the owners of this Blog, nor the administrator of this Blog will be held responsible for the content of any message, comment. By agreeing to these rules, you warrant that you will not post any messages that are obscene, vulgar, hateful, threatening, or otherwise violative of any laws. The adminstrator of this Blog reserve the right to remove, edit, move or close any comment (message) for any reason This Blog content still existing media releases and comments from websites only. The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of this site does not constitute advice or a recommendation by us.Communications and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this Blog. We can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on this Web site nor do opinions of contributors necessarily reflect those of us.In no event shall we be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to this Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise. Copyright: The copyright to the text of the blog is held by the author or link as source provided, where applicable. All images displayed are copyright their respective owners and are used either under licence or under the fair use provisions of international copyright law. The information contained in this Web site is for general guidance on matters of interest only. The application and impact of laws can vary widely based on the specific facts involved. Given the changing nature of laws, rules and regulations, and the inherent hazards of electronic communication, there may be delays, omissions or inaccuracies in information contained in this site. Accordingly, the information on this site is provided with the understanding that the authors and publishers are not herein engaged in rendering legal, accounting, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional accounting, tax, legal or other competent advisers. Before making any decision or taking any action, you should consult the administrator of this website. While we have made every attempt to ensure that the information contained in this site has been obtained from reliable sources, 7starsdubai.com is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in this site is provided "as is", with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance, merchantability and fitness for a particular purpose. In no event will 7starsdubai its related partnerships or corporations, or the partners, agents or employees thereof be liable to you or anyone else for any decision made or action taken in reliance on the information in this site or for any consequential, special or similar damages, even if advised of the possibility of such damages. Certain links in the Web site connect to other sites maintained by third parties that may or may not be presented within a frame on the Web site. 7starsdubai.com has not verified the contents of such third party sites and does not endorse, warrant, promote or recommend any services or products, that may be provided or accessed through them or any person or body which may provide them. 7starsdubai.com has not issued or caused to be issued any advertisements which may appear on these Web sites. We do not review, monitor or endorse any third party web sites linked to Our Site and We are not responsible for the content of any web site linked to Our Site. Your access to any web site that links to Our Site is at your sole risk. We are not responsible for the information, material, products, or services contained on or accessible through such other web sites and will not be liable for any form of loss or damage arising as a result of or in connection with your visits to such web sites. Any links to other web sites are provided merely for the convenience of the users of this Site and the inclusion of these links does not imply an endorsement of the linked web sites or the content therein. In addition, you agree not to link your web site or any other third party web site to Our Site or frame Our Site as part of any other web site without Our express prior written consent. We reserve the right, at any time and for any reason not prohibited by law, to deny permission to anyone to link a web site to, or frame, Our Site. We reserve the right to withdraw Our consent at any time to a link to, or framing of, Our Site at Our sole discretion without notice. Your use of this Site and the operation of these Terms and Conditions shall be governed by and construed in accordance with the laws and regulations of and applicable in Germany You agree, acknowledge, and submit to the Court in Germany having non-exclusive jurisdiction over all and any dispute or difference between us arising out of or in connection with this Agreement. Please review these Terms and Conditions carefully before using this Site. Your use of this Site indicates your irrevocable agreement to be bound by these Terms and Conditions (as may be amended by Us from time to time). If you do not agree to be bound by these Terms and Conditions please stop accessing and using this Site immediately. Warning: We are aware that several times Cybercriminals mirrowed our Website and posted on several Forums, Website comments by misuse of our email adresses. These Cybercriminals registerd several similar looking Domains and installed several 1:1 mirrowed Websites which look like our Website 7starsdubai. We have already taken the necessary steps by filing criminal complaints against the Individuals behind this Identity theft an Cybercrime, by misusing fraudulently our Blog Identity 7starsdubai. In Search engines like Google, Yahoo, Bling and others you should always take a close view to the links. If this links do not originaly start with www.7starsdubai.com or http://7starsdubai.worpress.com/.... you will end on a faked mirrowed modificated Website. The genral Background of this Cybercriminals is a Stalking and Smear campaign, faking stories for their personal use, to discriminate Persons with the goal to destroy their reputation.
  • RSS ZDF Heute Germany

    • Untitled
    • "Dies ist eine Bankrotterklärung der Politik“
      Harald Kujat zur UkraineDeutschland schadet sich nach Auffassung des ehemaligen Vorsitzenden des NATO-Militärrats, Harald Kujat, mit Sanktionen gegen Russland nur selbst. Dies sei eine "Bankrotterklärung der Politik", sagte Kujat in der ZDF-Sendung "maybrit illner".Video Kujat will Nato-Russland-RatVideo Platzeck: Wahl verschiebenVideo Ke […]
    • Tote bei Militäreinsatz - Russland hält Großmanöver ab
      Ukraine-KonfliktDie Lage in der Ostukraine spitzt sich zu. Regierungstruppen töten fünf prorussische Separatisten. Russland reagiert mit einem Großmanöver. Die USA drohen mit Konsequenzen, Außenminister Kerry warnt Putin vor "großen Fehlern".Video "Militärpräsenz in der Region steigt"Video Keine Entschärfung der LageVideo Ein Land wird un […]
    • Behörden fragen immer öfter Kontodaten ab
      Gläserner BankkundeDie Abfrage von Kontodaten galt einst als Anti-Terror-Maßnahme. Seit einigen Jahren jedoch sollen so auch Steuer- und Sozialbetrüger aufgespürt werden. Die Neugier der Behörden wird immer größer.Video Steuerbetrug leicht gemachtVideo Maas fordert mehr Datenschutz
    • Trauer und Wut bei Beisetzung von Tänzer
      Brasilien vor der WMBei der Beisetzung des getöteten Tänzers kam es in Rio de Janeiro wieder zu Protesten gegen die Sicherheitskräfte. Der 25-jährige berühmte Tänzer wurde vor zwei Tagen getötet, danach kam es an der Copacabana zu Straßenschlachten - rund sieben Wochen vor Beginn der Fußball-WM.Video Unruhen in RioVideo Bauarbeiten verzögertVideo Rio de Jane […]
    • Israel stoppt Friedensverhandlung mit Palästinensern
      Nahost-KonfliktDas Versöhnungsabkommen zwischen den Palästinensergruppen Fatah und Hamas bringt den Nahost-Friedensprozess an den Rand des Scheiterns. Die israelische Regierung hat als Konsequenz die Friedensverhandlungen mit den Palästinensern nun ausgesetzt.Video Siedlungsbau: Kritik an Israel
    • EU tut zu wenig gegen Korruption
      Transparency-Studie Die EU-Institutionen halten sich nach Einschätzung von Transparency International zu wenig an Anti-Korruptions-Regeln. Es gebe zwar viele Vorschriften, um Korruption zu verhindern, allerdings würden diese oft nicht umgesetzt, beklagt die Organisation in einer neuen Studie.Video Griechenland am korruptestenVideo Spanien wird korrupter
    • Ecclestone weist Vorwurf der Bestechung zurück
      Schmiergeldprozess hat begonnenBernie Ecclestone hat sich gründlich auf seinen Bestechungsprozess vorbereitet. Zum Auftakt der Verhandlung lässt er eine Erklärung zu seinem Lebensweg verlesen - vom kleinen Jungen, der auf dem Pausenhof Kekse und Brötchen verkaufte, bis zum Herrscher der Formel 1. Und: Er beteuert seine Unschuld.Video Prozessauftakt gegen Ecc […]
    • US-Behörde: Streit über bezahlte Überholspur im Netz
      InternetDie US-Kommunikationsbehörde FCC will neue Regeln für den Internetverkehr bekanntgeben. Sie könnten es Firmen in den USA erlauben, ihre Inhalte schneller zu den Nutzern zu schicken. Wird damit nun ein Zwei-Klassen-Internet vorbereitet?Video Limit fürs InternetVideo Telekom lenkt bei Tempo-Bremse einVideo Netzneutralität - ist das gut?
    • Können Konservative besser Wirtschaft?
      Juncker im #ZDFcheckKonservative können besser Wirtschaft – mit diesem klassischen Argument wirbt Jean-Claude Juncker, Spitzenkandidat der europäischen Christdemokraten, für sich. Europas konservativ regierte Staaten hätten bessere Wirtschaftsdaten als die sozialistisch regierten, sagt er. Stimmt das? Checken Sie mit!Video ZDF-Check zur Europawahl 2014Video […]
    • Benfica lässt Juve bangen - Sevilla auf Kurs
      Fußball | Europa LeagueVorjahresfinalist Benfica Lissabon und der FC Sevilla mit Marko Marin haben das Tor zum Finale in der Europa League aufgestoßen. Lissabon gelang im Halbfinal-Hinspiel ein 2:1 (1:0) gegen Juventus Turin, Sevilla setzte sich 2:0 (2:0) im spanischen Duell gegen den FC Valencia durch.
    • Teddy in den Koffer - und ab ins Internat
      Belgisches Internat für DreijährigeDer Teddy muss immer mit: Kofferpacken am Montagmorgen - das ist für den fünfjährigen Reinhard und die vierjährige Margarita inzwischen ein Ritual. Die Geschwister leben unter Woche in einem Internat im belgischen Lanaken. Es ist eines von zwei Internaten, die Kleinkinder ab drei Jahren aufnimmt.
    • Forscher entziffern Gencode von Tsetsefliege
      Glossina morsitans morsitansGegen die Schlafkrankheit ist bisher kein Schutz gefunden. Forscher hoffen, beim Überträger der Krankheit ansetzen zu können: der Tsetsefliege. Ihr Erbgut wurde nun entschlüsselt. Die Suche nach einer Achillesferse beginnt damit erst.
    • Untitled
    • Untitled
    • Wowereit zu Einheitsdenkmal: Öffentlicher Streit hilft nicht weiter
      25.04.14 08:28 | Berlins Regierender Bürgermeister Klaus Wowereit (SPD) hat Kritik des Bundes an der schleppenden Umsetzung des Freiheits- und Einheitsdenkmals zurückgewiesen. "Da ist der Bund in der Bringschuld, und ein öffentlicher Streit über die Zuständigkeiten hilft hier nicht weiter", sagte er dem Radiosender 104.6 RTL. Er verwies darauf, das […]
    • Platzeck: Präsidentenwahl in der Ukraine aussetzen
      25.04.14 08:12 | Für eine Verschiebung der Präsidentenwahl in der Ukraine hat sich der neue Vorsitzende des Deutsch-Russischen Forums, Matthias Platzeck (SPD), ausgesprochen. Finde der Urnengang wie geplant in vier Wochen statt, laufe er Gefahr, "ins Nichts" zu gehen, sagte er im ZDF. Der vom Bürgerkrieg bedrohte Osten des Landes würde "mit Si […]
    • Forscher planen Tomatenzucht im Weltall
      25.04.14 07:59 | Forscher wollen herausfinden, ob Tomaten auch in der Schwerelosigkeit und ohne menschliche Pflege gedeihen können. Voraussichtlich im Frühjahr 2016 wollen Wissenschaftler der Universität Erlangen-Nürnberg und des Deutschen Zentrums für Luft-und Raumfahrt (DLR) einen Satelliten mit zwei Gewächshäusern und der eigens dafür gezüchteten Tomatens […]
    • Regierung legt Kriterien für Förderung von Elektro-Autos fest
      25.04.14 07:44 | Das Bundesverkehrs- und das Bundesumweltministerium haben sich auf Kriterien geeinigt, nach denen Elektroautos gefördert werden sollen. In dem Papier werde erstmals festgelegt, welche Art von Fahrzeugen künftig als Elektroautos gelten und deshalb Vorteile erhalten sollen, berichtet das "Handelsblatt". "Neben reinen Elektrofahr […]
    • Kujat: Berlin muss in Ukraine-Krise den NATO-Russland-Rat einfordern
      25.04.14 07:27 | Deutschland muss nach Auffassung des ehemaligen Vorsitzenden des NATO-Militärrats, Harald Kujat, in der Ukraine- Krise auf der Aktivierung des NATO- Russland-Rates bestehen. "Ich verstehe nicht, warum die Deutschen nicht sagen, wir möchten, dass der NATO-Russland-Rat auf der Ebene der Außenminister zusammenkommt", sagte Kujat im ZD […]

Compensation for Breach of Contract Dubai – Damages under UAE Law

Posted by 7starsdubai on February 22, 2012

Consideration should be given to whether contracts yet to be entered into should specifically address these issues.

But what if the decision is taken not to do so or an existing contract does not address damages?

The Civil Code provides an entitlement to compensation for breach of contract even where the contract itself does not provide for such compensation.

Damages under UAE Law 

The purpose of damages is to compensate a party for any loss suffered as a result of default by counterparty to a contract. 

If damages for a breach of contract are not fixed under a provision of the law or in the contract itself, the Civil Code gives the court discretion to assess compensation “in an amount equivalent to the damage in fact suffered at the time of the occurrence”. The focus here is on the actual loss suffered by a party and gives the court a broad discretion to determine an appropriate award of damages on the basis of the facts and evidence before it. However, how is the ultimate determination made and what limits are imposed on the amount of compensation that may be awarded?

Other provisions of the Civil Code that do not specifically relate to contractual damages may give some guidance as to how compensation may be assessed by a court: “In all cases the compensation shall be assessed on the basis of the amount of harm suffered by the victim, together with loss of profit, provided that it is the natural result of the harmful act”.

The key element of this provision is that a party suffering loss will be compensated for that loss, including any loss of profit, which flows naturally from the default. The explanatory memorandum to the Civil Code says damages are payable in respect of the actual loss suffered as well as loss of expectation (that is loss of an opportunity to obtain a benefit under a contract or to avoid a loss).

Each type of damages claimed will need to be substantiated and shown to result from the breach. Consequential (or indirect) losses will generally only be recoverable where it can be shown that the party causing the loss did so with a malicious intent. While it is important to keep in mind the award of damages is always at the court’s discretion, a specific damages regime in a contract can have the benefit of providing greater certainty as to a party’s right to contractual damages and can assist parties negotiate ways of avoiding recourse to court in this challenging environment.

Read also Contract Law in UAE

UAE contract law – 5 legal points to remember

Recent legal developments
UAE contract law – 5 legal points to remember

When overseas investors in the UAE negotiate their contracts, the choice of governing law for their contract can be a point of contention. Often, foreign parties want to choose a neutral and well-established law, such as English law or New York law.
However, the respective bargaining powers of the parties may result in the foreign investor agreeing to UAE law. In other scenarios, the UAE law itself may dictate that it should be used to govern the contract, such as is required for Dubai government contracts under a Decree from 1988. Certain other types of contracts are also required to be governed by UAE law in practice, including UAE employment contracts and memoranda of association to establish a UAE company.
This article focuses on a few key legal points to note under UAE contract law as set out in the UAE Civil Code, particularly where they are different to English or other common law jurisdictions.
Beware of agreements to agree – the courts may enforce the missing details
Article 141 of the UAE Civil Code provides that the parties to a contract must agree on the essential elements of the obligation, but that they can leave matters of detail to be determined at a later date. In this circumstance, if a dispute arises, the judge will make a ruling on the missing terms in accordance with the other provisions of the contract and the law. However, it is clear from the Ministry of Justice official commentary that, for a UAE court to do so, it must be clear that the parties intended to reach an agreement even if they fail themselves to finalise all of the details of the contract.
This departs from the usual position under English law, for example, under which agreements to agree in the future are generally not capable of being enforced. Contracting parties may often tactically choose to phrase a point of detail as an agreement to agree in the full knowledge that if they do not agree in the future, it will not become a term of the contract.
It is also worth noting in this context that the implied obligation of performance in good faith may mean that the courts will find bad faith (and therefore a breach of contract) if the parties fail to agree in certain circumstances, such as one party failing to take reasonable efforts to reach an agreement, or entering into parallel negotiations with a third party.
Therefore, under UAE contract law, parties may be well advised to expressly state that there is no intention that the parties will be bound by Article 141, unless and until an agreement is entered into in writing between the parties.
Only fraudulent behaviour constitutes misrepresentation
Common law lawyers are used to the legal concept of misrepresentation forming an alternative cause of action to breach of contract for parties who have been induced to enter into a contract by statements made by one party which have subsequently be proven to be untrue (and which may also be incorporated in the contract in the form of warranties, for example). Misrepresentation is effective because its scope is wide and includes innocent and negligent statements. It may also be fraudulent or reckless. It has a different basis for the calculation of compensation to a claim for breach of contract and also allows rescission of the contract.

continue reading… original source

About these ads

Sorry, the comment form is closed at this time.