Financial Remedies for Breach of Contract In the bustling city of Dubai, much like in numerous other jurisdictions worldwide, construction contracts play a pivotal role in shaping the landscape of the thriving construction industry. These contracts serve as legally binding agreements that meticulously define the rights, responsibilities, and expectations of the parties engaged in a …
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Interest and Damages. Damages in Construction Claim | Interest Interest is either interest as a component of the claim, or interest after the award. Each is for different period of time. the rates may also different. Interest can be a very substantial component of the claim. Sometimes, by the time the claim comes to trail, …
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