damac\s appeal against compensation
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Damac\'s appeal against compensation

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleDamac\'s appeal against compensation

Dubai - Arabstoday

A developer has had its appeal against a Dh1.7 million compensation claim thrown out by the Dubai International Finance Centre (DIFC) Court. Damac Properties was told yesterday that it must pay Irish couple Noel and Lorna Gaffney compensation for failing to deliver their apartment in Dubai\'s Park Towers on time. The developer had sought to overturn the original default ruling, made on April 14, but the DIFC Court said that its defence had no \"real prospects of success\". It also criticised the company for using highly technical arguments and tactics as well as the casual manner in which it had approached the court proceedings as a result, it ruled that Damac should pay the Gaffney\'s Dh200,000 legal fees. During the case in April, the court heard that the Gaffneys had purchased off plan an apartment in the Damac property in 2004 but had brought a claim for a refund of 90 per cent of the purchase price, which they had already paid, plus compensation after Damac failed to hand over the property on the agreed date. Speaking after the ruling, Noel Gaffney said he was delighted with the result. \"We are very pleased with this result. All we wanted was the court to uphold our rights under the contract,\" he said. Kaashif Basit, a partner at KBH Kannuun and legal counsel for the claimants, also praised the decision. \"I am absolutely delighted for the Gaffneys with this result. \"The DIFC Court has shown time and again that it will be robust in enforcing legitimate rights of parties and upholding contracts where the merits deserve it,\" he said. \"I very much hope that, for a change, Damac will now be sensible and sit down to reach an amicable settlement in the several other similar cases that we have in the pipeline,\" he said. But speaking to Gulf News after the decision, Damac did not rule out a further appeal. \"It is disappointing for our client that the application to have the default judgement set aside was unsuccessful. There is a process of appeal and our client is currently considering its options,\" said Jonathon Davidson, Managing Partner of Davidson & Co, which is acting for Damac. From / Gulf News

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

damac\s appeal against compensation damac\s appeal against compensation

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 09:40 2017 Sunday ,17 December

May wins Brexit boost, but bigger battles await

GMT 06:33 2017 Friday ,01 December

Venezuela blames oil woes on 'sabotage

GMT 10:53 2017 Wednesday ,27 September

Fadl Shaker change residency after threats

GMT 08:37 2018 Tuesday ,23 January

Europe brings on charm and blue skies

GMT 22:55 2017 Tuesday ,07 February

Egypt backs Trump’s media criticism

GMT 09:50 2016 Thursday ,27 October

Voices concern over AT&T-Time Warner

GMT 07:48 2018 Sunday ,07 January

Globes newcomer Timothee Chalamet shoots

GMT 15:35 2017 Friday ,06 October

SAMA governor: Real GDP growth of 1.7% during 2016

GMT 11:42 2017 Tuesday ,31 October

Greece finds stand-up comedy amid economic tragedy
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle