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
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor