What Can a Buyer Do if Faced with a Cancelled Off-Plan Real Estate Project In Dubai?

[vc_row][vc_column][vc_column_text]His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai and Prime Minister of the UAE, issued decree N⁰ (21) of 2013 on 23rd July 2013 concerning the formation of a special judicial committee for the liquidation of canceled real estate projects in the Emirate of Dubai and the settlement of relevant rights (Committee …

Force Majeure and the Coronavirus

[vc_row][vc_column][vc_column_text]Companies are doing their best and taking precautions to prevent the spread of the Cornovirus;  some of the measures these companies are taking could invoke force majeure clauses or the “impossibility of performance” defence as a preventative measures , the main one being flight suspension, ban on foreign tourism and some operations being delayed. The …

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