A team from Hadef & Partners, led by Anthony Edwards, head of the firm's Dubai engineering and construction team, caught the judging panel's attention for its work on a landmark case before the Dubai World Tribunal. The team acted for Technical Architects General Contracting Company (TAGC) in its successful defeat of a bid for a $20m (£13m) judgment against the developers Nakheel to be set aside. The case concerned a contract to build 31 blocks of flats at a residential complex in Dubai that fell victim to the financial difficulties that afflicted Nakheel's parent, Dubai World. Nakheel terminated the contract mid-way through construction work in January 2009 and, according to Hadef, the two parties reached a compromise agreement in June for TAGC to be paid AED58m (£10m) for the work already completed.
June 13, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
A team from Hadef & Partners, led by Anthony Edwards, head of the firm’s Dubai engineering and construction team, caught the judging panel’s attention for its work on a landmark case before the Dubai World Tribunal.
The team acted for Technical Architects General Contracting Company (TAGC) in its successful defeat of a bid for a $20m (£13m) judgment against the developers Nakheel to be set aside.
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