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ARTICLE · 23 AUGUST 2019

Government Of Dubai Suspends Claims Against State-Owned Developer, Meydan

In June 2019, the Government of Dubai ordered the Emirate's courts to suspend claims against Meydan City Corporation, a government owned developer, as well as its subsidiaries and affiliates (collectively "Meydan"), pending...

United Arab EmiratesLitigation, Mediation & Arbitration

In June 2019, the Government of Dubai ordered the Emirate's courts to suspend claims against Meydan City Corporation, a government owned developer, as well as its subsidiaries and affiliates (collectively "Meydan"), pending the formation of a Special Judicial Committee ("Committee"). The directive also stopped execution of legal attachments against each of the companies' assets.

According to a recent report in The Financial Times, contractors have recently been sent letters informing them to suspend legal proceedings against Meydan and have their disputes heard by the Committee. The composition of the Committee is expected to be finalised within the week and subsequently hear around 40 cases valued at several billion United Arab Emirates dirhams. It is said that the Committee will aim to resolve all disputes involving Meydan within two years — faster perhaps than what could typically be expected in regular court proceedings.

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