Share on LinkedInShare on LinkedIn

ARTICLE · 01 MARCH 2011

The Formalities Of An Arbitration Award

Al Tamimi & Company
Al Tamimi & Company
Contributor
Al Tamimi & Company

Al Tamimi & Company

With a regional presence of 17 offices across 10 countries, Al Tamimi & Company stands as a...

View firm profile
Explore more from Al Tamimi & Company

Party A filed a suit before the Dubai Court of First Instance seeking a judgment confirming an arbitration award in which Party B and Party C, a joint venture, were ordered to pay Party A the amount of AED 400,000 plus 9% interest from the due date of 20 July 2003, until full payment in addition.

United Arab EmiratesLitigation, Mediation & Arbitration
Suzanne Abdallah
Suzanne Abdallah

Claim and facts of the case
Party A filed a suit before the Dubai Court of First Instance seeking a judgment confirming an arbitration award in which Party B and Party C, a joint venture, were ordered to pay Party A the amount of AED 400,000 plus 9% interest from the due date of 20 July 2003, until full payment in addition. Part B was also awarded the costs of the arbitration.

Party A had sought a judgment against Party B and Party C in relation to a subcontract for the supply and installation of lifts in a Residential Complex in Al Nahda, Sharjah.

Upon completion of the works by Party A, Party B and Party C had refused to pay the final installment payment of AED 400,000 (which represented the amount withheld against maintenance works) without any legal justification. In the first hearing before the Court, Party B pleaded the existence of an arbitration clause in the agreement. Accordingly, Party A amended its case and requested the Court to appoint an arbitrator

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from