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    Ali Varahram on Shahram Zadeh against Al Fajer…
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  • 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 […]
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Posts Tagged ‘Lawsuit Dubai’

Property Investor won against Emaar before Dubai court

Posted by 7starsdubai on January 28, 2012


A Spanish Dubai property investor won a court order to seize the head offices of Emaar Properties, after its subsidiary failed to deliver an AED5.3m ($1.4m) villa on time, his lawyer has claimed.

The Dubai Court of Cassation issued an order on Nov 29 to allow representatives for Carlos Jose Periera to seize Emaar’s Dubai offices in an attempt to recoup AED3.4m, reflecting his villa payments to date and a sum of interest, said Fareya Azfar, partner at The Legal Group.

source Arabian Business continue reading…

Posted in Dubai Legal - Real Estate Lawsuits, Dubai Property Court, Emaar | Tagged: , , , , | Comments Off

Denton Wilde Sapte sued for $3.7m in Dubai

Posted by 7starsdubai on October 26, 2011


Denton Wilde Sapte sued in Dubai Arabian Business reported

A legal firm in Dubai is being sued for $3.65m after being accused by a former client of professional negligence, in a lawsuit thought to be the first of its kind to be brought before the Dubai International Financial Centre courts, Arabian Business reported.

Denton Wilde Sapte & Co (DWS), a London law firm with offices in DIFC, is being sued by Dubai-based Injazat Technology Fund, a unit of private equity firm Injazat Capital Limited, over its counsel relating to a 2006 investment in Broadlink Research.

The central allegation from ITF is that the law firm, which has since been renamed SNR Denton following a merger, led it into three-year arbitration proceedings because it failed to identify the clause ahead of its expiry at the end of 2007.

SNR Denton & Co declined to comment when contacted by Arabian Business.

“We are aware of the proceedings. However, I am sure you will appreciate that we cannot comment on ongoing litigation,” Michael Kerr, a partner at the firm, said in an emailed response.

continue reading…. source Arabian Business

Posted in Denton Wilde Sapte, Injazat Technology Fund, Lawsuit Dubai, Micheal Kerr DWS Dubai, SNR Denton Dubai | Tagged: , , , | Comments Off

 
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