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uae-difc-cases
DEYAAR DEVELOPMENT v TAALEEM & NATIONAL BONDS CORPORATION [2015] DIFC CA 010 — Appeal regarding recurring Murabaha profit charges (18 August 2016)
The dispute originated from a tripartite arrangement involving the Sky Gardens Tower, where Taaleem P.J.S.C. sought to transfer its interest to Deyaar Development P.J.S.C. The financing for Taaleem’s initial investment was provided by National Bonds Corporation P.J.S.C. (NBC).
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·6 min read
uae-difc-cases
DEYAAR DEVELOPMENT v TAALEEM and NATIONAL BONDS CORPORATION [2017] DIFC CA 010 — Variation of costs orders post-appeal (03 May 2017)
The dispute arose following the Court of Appeal’s judgment of 18 August 2016, which initially ordered the Appellant, Deyaar Development, to pay the costs of both Respondents—Taaleem and National Bonds Corporation (NBC).
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·5 min read