Business and Corporate Advice
Standing counsel on how a business is run: the position on a question, the risk in a decision, and which route to take before costs are committed.
Case study 03
An investment claim of AED 6.4 million dismissed in full
An investor sought to recover more than AED 6.4 million and to rescind an investment agreement. The claim failed on the claimant's own obligations.
What happened
An investor brought a claim against several individuals and companies, seeking to recover more than AED 6.4 million and to rescind the investment agreement that governed the relationship.
What we did
We read the agreement against what each side had actually done under it.
The defence turned on obligations the claimant had taken on himself and had not performed, which the correspondence and the payment record established without needing to dispute his account of events.
How it ended
The Court dismissed the claim in its entirety and ordered the claimant to bear the court costs and legal fees.
Identifying details are withheld. Past outcomes do not predict the result of any other matter, and nothing on this page is advice on yours.
Case studies
All case studies
Real estate dispute
A failed property purchase and a returned deposit
Purchasers of a property valued at AED 2.7 million could not complete the transaction for reasons outside their control, and were then sued for the failure.
- Amount in dispute
- AED 2.7 million
- Result
- Deposit returned and the liability claim dismissed
Construction and commercial dispute
A construction contract terminated without justification
A specialised construction contract was terminated suddenly. The claim was dismissed at first instance, and that decision was overturned on appeal.
- Amount in dispute
- AED 1,646,658 awarded
- Result
- AED 1,646,658 in compensation, awarded on appeal