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…
    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

    • 442,241 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
    • Gestrandet an türkischer Grenze
      Massenflucht aus AleppoSyrische Regierungstruppen - unterstützt durch russische Luftschläge - rücken immer weiter in die Region Aleppo vor. Zehntausende Menschen haben sich völlig überstürzt auf die Flucht gemacht. Ihr Ziel: die rettende Grenze zur Türkei. Bislang hält Ankara die Übergänge geschlossen.Video Zehntausende fliehen aus AleppoVideo Homs: Die zers […]
    • Wien will Flüchtlinge auf Balkanroute stoppen
      Flucht nach EuropaÖsterreich will den Flüchtlingszustrom über die Balkanroute stoppen und kann sich vorstellen, Soldaten zur Grenzsicherung nach Mazedonien oder Serbien zu schicken. Wenn es Griechenland nicht bald schaffe, seine Grenze zur Türkei zu sichern, "werden wir andere Wege finden", sagte Außenminister Sebastian Kurz.Video Flüchtlingsstau a […]
    • Flucht vor Krieg und Terror
      Aktuelles und Hintergründe zur Flüchtlingskrise
    • Der neue Flüchtlingsausweis
      Aktuelles und Hintergründe zur Flüchtlingskrise
    • Politbarometer vom 29.01.2016
      Aktuelles und Hintergründe zur Flüchtlingskrise
    • Mobil-Angebot für Flüchtlinge
      Aktuelles und Hintergründe zur Flüchtlingskrise
    • Schweres Erdbeben erschüttert Taiwan
      Epizentrum im SüdenEin schweres Erdbeben der Stärke von 6,4 hat den Süden Taiwans erschüttert. In der Stadt Tainan stürzten mehrere Wohnhäuser ein. Es werden Opfer befürchtet. Die Erdstöße waren auf der ganzen Insel zu spüren.Video Wilder Planet: Erdbeben
    • DFB geht gegen Beckenbauer und Ex-Funktionäre vor
      WM 2006Der Deutsche Fußball-Bund (DFB) geht in der Affäre um die WM 2006 gegen Franz Beckenbauer, seinen ehemaligen Präsidenten Theo Zwanziger und Wolfgang Niersbach sowie den Weltverband FIFA vor, um mögliche Schadenersatzforderungen nicht verjähren zu lassen. Der DFB bestätigte, dass er in Hamburg ein außergerichtliches Verfahren eingeleitet habe.Video Der […]
    • Abgas-Affäre wirft VW-Planung um
      Bilanzvorlage verschobenDer Skandal um die millionenfach eingesetzte Betrugs-Software wirft bei VW nun auch die zwei wichtigsten Finanztermine über den Haufen: Der Konzern kann nicht wie geplant im März seine Bilanz vorlegen und nicht im April den Aktionären Rede und Antwort stehen. Zu viele Fragen sind offen.Video EU beschließt neue AbgastestsVideo Rückrufa […]
    • Im Netz der Lügen
      MimikamaTote Flüchtlinge, Schlägereien, Vergewaltigungen und die Verspeisung von Kindern. Meldungen wie diese rauschen seit geraumer Zeit durchs Internet. Der Wahrheitsgehalt ist meist gering. Eine engagierte Gruppe aus Wien geht diesen Fakes auf den Grund. Und stellt sie richtig.Video Kampf gegen den FakeVideo Fälschungen im InternetVideo Dauerhysterie im N […]
    • Mehrheit der Deutschen will Bargeld behalten
      Debatte über Bargeld-ObergrenzenEine Gesellschaft ohne Bargeld - das können sich die meisten Deutschen laut einer Umfrage nicht vorstellen. Die Bundesregierung erwägt wie andere europäische Länder, eine Obergrenze für Zahlungen mit Bargeld einzuführen. Diskutiert wird ein Limit von 5.000 Euro.Video Berlin: Einsatz von Bargeld mindernVideo Nur Bares ist Wahre […]
    • Gladbach besiegt Bremen mit Tor-Gala
      Bundesliga | 20. SpieltagMit begeisterndem Angriffsfußball und jugendlichem Elan hat Borussia Mönchengladbach nach dem Rückrunden-Fehlstart seine Ergebniskrise beendet. Die Fohlen besiegte Werder Bremen mit 5:1 (2:0). Pizarro schaffte in seinem 400. Bundesligaspiel den Ehrentreffer für die Hanseaten.Video Big Business Bundesliga
    • Preuß Sechste im Sprint
      Biathlon | Weltcup in CanmoreDie deutschen Biathletinnen haben zum Auftakt des Weltcups im kanadischen Canmore die Podestplätze knapp verpasst. Bei teilweise unbeherrschbaren Windbedingungen wurde Rückkehrerin Franziska Preuß (1 Fehler) im Sprint über 7,5 km als beste Deutsche starke Sechste.Video Damen-Sprint in voller LängeVideo Interviews & Flower Cer […]
    • Kran in New York umgestürzt - Ein Toter und Verletzte
      Bau-Unfall An der Südspitze Manhattans ist ein Kran umgekippt - mindestens ein Mensch kam ums Leben, drei weitere wurden verletzt. Die Polizei sperrte umliegende Straßen, eine nahegelegene  U-Bahnstation wurde geschlossen.
    • Untitled
    • Ai Weiwei verhüllt Tierkreis-Skulpturen mit Rettungsdecken
      06.02.16 00:27 | Der chinesische Künstler Ai Weiwei hat in Prag Tierkreis-Skulpturen in goldfarbene Rettungsdecken gehüllt, um an das Schicksal von aus dem Meer geretteten Migranten zu erinnern. "Ich weiß, dass es in Tschechien Widerstand gegen die Aufnahme von Flüchtlingen gibt", sagte er der Agentur CTK. Er rief dazu auf, mehr Verantwortung für a […]
    • 19 Tote bei Hotelfeuer im Nordirak
      06.02.16 00:01 | Ein Großbrand in einem Hotel in der nordirakischen Kurdenregion hat 19 Menschen das Leben gekostet. Mehrere Menschen seien durch die Flammen in dem Gebäude der Regionalhauptstadt Erbil verletzt worden, teilten die Behörden mit. Die Brandursache war zunächst unbekannt. Es habe aber zunächst nichts auf einen Terroranschlag hingedeutet. Die Fla […]
    • Twitter sperrt 125.000 Zugänge wegen terroristischer Aktivitäten
      05.02.16 23:43 | Der Kurznachrichtendienst Twitter hat seit Mitte 2015 rund 125.000 Zugänge gesperrt, über die terroristische Aktionen vor allem der Terrormiliz Islamischer Staat angedroht oder unterstützt wurden. Das Unternehmen teilte mit, es verurteile diesen Missbrauch von Twitter und das Brechen seiner Regeln. Neben den geschlossenen Zugängen würde eine […]
    • Erdbeben der Stärke 6,4 erschüttert Taiwan
      05.02.16 23:26 | Ein Erdbeben der Stärke 6,4 hat die taiwanische Stadt Tainan erschüttert und mehrere Gebäude zum Einsturz gebracht. In den Trümmern werden Opfer befürchtet. Das Zentrum des Bebens lag nordöstlich von Pingtung nahe der Hafenstadt Kaohsiung, wie die Behörden berichteten. Die Erdstöße waren auf der ganzen Insel zu spüren. Feuerwehr und Rettungs […]

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

Sorry, the comment form is closed at this time.