7StarsDubai

Dubai UAE News from the Press Property Market Disaster and More

  • February 2012
    M T W T F S S
    « Jan   Mar »
     12345
    6789101112
    13141516171819
    20212223242526
    272829  
  • 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…
    Ali Varahram on Shahram Zadeh against Al Fajer…
  • 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

    • 469,440 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
    • Live: May zu Anschlag in Manchester
      Explosion bei PopkonzertDie britische Polizei geht von einem Anschlag in Manchester aus. Die Explosion sei von einem Täter ausgelöst worden, der einen Sprengsatz am Körper getragen habe. Die Zahl der Todesopfer ist auf 22 gestiegen. Unter den Konzertbesuchern waren viele Kinder und Jugendliche. Premierministerin May nimmt Stellung - hier im Livestream.Video […]
    • Britische Fahnen weltweit auf halbmast
      Reaktionen auf Anschlag in ManchesterPolitiker, Popstars und Promis aus der ganzen Welt haben den Anschlag von Manchester verurteilt und den Opfern und ihren Angehörigen ihr Mitgefühl ausgedrückt. In aller Welt hängen britische Fahnen auf halbmast.Video Anschlag in Manchester: 22 Tote Video "Gespenstische Stille" in ManchesterVideo Mutmaßlicher Ter […]
    • "Gespenstische Stille"
      Explosion in Manchester ArenaIn der Stadt des Anschlags herrscht am Morgen eine "gespenstische Stille". In London treffen in Kürze Spitzenpolitiker zusammen, um Sicherheitsmaßnahmen zu beraten (Video).
    • Trump will im Nahost-Konflikt vermitteln
      Treffen mit AbbasUS-Präsident Donald Trump sieht eine Lösung im Konflikt zwischen Israel und den Palästinensern als Wegbereiter für Frieden in der ganzen Region. "Ich werde alles tun, um einen Friedensvertrag zu erreichen", sagte er am Dienstag in Bethlehem beim Treffen mit Palästinenserpräsident Mahmud Abbas.Video Rohani gewinnt Wahl in IranVideo […]
    • Trump forderte von Geheimdienst offenbar Dementi
      Russland-Affäre Die Russland-Affäre treibt US-Präsident Trump immer weiter in die Enge. Trump soll einem Zeitungsbericht zufolge zwei hochrangige Geheimdienstchefs gebeten haben, ihn öffentlich von Vorwürfen der Russland-Verstrickung freizusprechen. Beide lehnten ab.Video Trump wehrt sichVideo US-Präsident Trump unter DruckVideo Trump-Berater tritt zurück […]
    • Trumps Reise "heuchlerisch" und "historisch"
      US-Presse zum US-PräsidentenDie amerikanische Presse verfolgt die erste Auslandsreise von Präsident Trump mit Spannung und Skepsis. Fünf Stationen in neun Tagen. "Da ist man schon froh, wenn der Präsident weiß, wie das Land heißt, das er gerade besucht", schrieb die Kolumnistin der New York Times.Video Trump-Besuch in IsraelVideo Israel: Trump auf […]
    • Keine Einigung von Eurozone und Griechenland
      Neue HilfskrediteGriechenland muss erneut auf die Auszahlung frischer Kredite warten. Die Euro-Finanzminister konnten sich nicht darauf verständigen, grundsätzlich den Weg für weitere Hilfsgelder zu ebnen. Neue Kredite braucht das Land trotzdem.Video Hilfsgelder für Griechenland?Video Proteste gegen neues SparprogrammVideo Familien in der Krise
    • Fraport im Dilemma
      Billigflieger und WachstumsdruckDer Frankfurter Flughafenbetreiber Fraport muss sich fit machen für den Umbruch im Luftfahrtgeschäft. Die Öffnung für Billigflieger bringt jedoch Ärger mit dem Hauptkunden Lufthansa. Und mit neuen gigantischen Drehkreuzen wächst die Konkurrenz. Viel Zündstoff für die Hauptversammlung.Video Fraport in GriechenlandVideo Ryanair […]
    • "Jamaika" im Norden? Tag der Entscheidung in Kiel
      Schleswig-HolsteinTag der Weichenstellung: CDU, Grüne und FDP entscheiden heute über Koalitionsverhandlungen für ein "Jamaika"-Regierungsbündnis in Schleswig-Holstein. Die Zustimmung der Gremien von CDU und FDP gilt als sicher. Offen ist aber das Votum der Grünen.Video Landtagswahlen in Schleswig-Holstein
    • "Keine wuchtigen Steuerversprechungen"
      Schulz zu SPD-ProgrammNach drei Wahlschlappen hat die SPD nun Teile ihres Wahlprogramms vorgestellt. Die Renten- und Steuerpolitik kam dabei etwas kurz. SPD-Kanzlerkandidat Martin Schulz sagte im ZDF heute journal, er werde keine "wuchtigen Steuerversprechungen" machen. Stattdessen will die SPD mit Investitionen punkten.Video "Wir haben einen […]
    • Union will Steuern senken und investieren
      Unionstreffen in BayernBis Anfang Juli soll das Wahlprogramm der Union vorliegen. Viel Zeit bleibt da nicht mehr. Bei einem Treffen der Unions-Fraktionschefs aus Bund und Ländern wurde jetzt bekannt: CDU und CSU wollen Steuern senken, aber auch investieren. Das Wahlprogramm soll aber mehr sein als ein Wunschzettel.Video Union berät über WahlprogrammVideo See […]
    • Smartphone-App gegen Hautärztemangel
      Tele-Medizin auf dem Land60 niedergelassene Hautärzte für 1,6 Millionen Einwohner in Mecklenburg-Vorpommern: Das bedeutet oft weite Wege und lange Wartezeiten. "mSkin" könnte Abhilfe schaffen. Über die App können Arzt und Patient kommunizieren, Fotos schicken. Auch andere Ärzte könnten profitieren.Video Kinderarzt sucht NachfolgerVideo Telemedizin […]
    • China bohrt nach "brennbarem Eis"
      MethanhydratEs schlummert in großen Tiefen, meist verborgen unter gigantischen Wassermengen: Methanhydrat. Und es könnte den Energiehunger ganzer Volkswirtschaften stillen, das hofft zumindest China. Nach Japan hat nun auch die Volksrepublik die Ressource erfolgreich angezapft. Umweltschützer schlagen jedoch Alarm.
    • Untitled
    • Trump: Lösung im Nahost-Konflikt kann Region befrieden
      23.05.17 11:41 | US-Präsident Donald Trump sieht eine Lösung im Konflikt zwischen Israel und Palästinensern als Wegbereiter für Frieden in der ganzen Region. "Ich werde alles tun, um einen Friedensvertrag zu erreichen", sagte Trump am Dienstag in Bethlehem. Sowohl Israels Ministerpräsident Benjamin Netanjahu als auch Palästinenserpräsident Mahmud A […]
    • Vor Trump-Besuch: Schärfste Sicherheitsmaßnahmen in Belgien
      23.05.17 11:39 | Die belgische Hauptstadt Brüssel hat vor dem Nato-Spitzentreffen mit US-Präsident Donald Trump höchste Sicherheitsvorkehrungen getroffen, will nach dem Anschlag von Manchester aber keine zusätzlichen Kräfte mobilisieren. Dies sagte Bürgermeister Yvan Mayeur am Dienstag der Nachrichtenagentur Belga. Während des Nato-Treffens am Donnerstag käm […]
    • Totengedenken in Manchester am Abend
      23.05.17 11:32 | Nach dem Bombenanschlag in Manchester mit mindestens 22 Toten hat Bürgermeister Andy Burnham alle Bürger für Dienstagabend zu einem Totengedenken auf dem zentralen Albert Square eingeladen. "Wir trauern heute, aber wir sind stark", erklärte der Labour-Politiker. Ein Attentäter hatte Montagabend bei einem Popkonzert von Teenie-Star […]
    • Pentagon: US-Soldaten töten sieben Al- Kaida-Kämpfer im Jemen
      23.05.17 11:14 | Die US-Armee hat bei einem Einsatz im Jemen nach Angaben des Pentagon sieben mutmaßliche Kämpfer des Al-Kaida-Netzwerks getötet. Die Soldaten seien am früheren Dienstagmorgen von Luftangriffen unterstützt mit Handfeuerwaffen auf das Gelände in der zentralen Provinz Marib vorgerückt, erklärte das zuständige US-Zentralkommando (Centcom). Die U […]
    • Wacken-Festival: Metal-Fans bekommen eine Bier-Pipeline
      23.05.17 10:58 | Das Heavy Metal Festival im schleswig- holsteinischen Wacken bekommt eine Bier-Pipeline. Beim Spektakel rinnen jedes Jahr rund 400.000 Liter Bier durch durstige Kehlen. Dieses Jahr soll es für die trinkfesten Metal-Fans erstmals per Rohrleitung auf das Gelände gepumpt werden. "Dadurch müssen nicht mehr jeden Tag diverse LKW-Ladungen an […]

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

source
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.
1.
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.
2.
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

Advertisements

Sorry, the comment form is closed at this time.