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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Contractual Problems and Solutions Contractual Problems An overview of common provisions and contractual issues for organizations. A contract is a binding agreement between two or more parties, defining the expectations of each participant. This legally enforceable arrangement should make doing business easier – however underlying issues can lead to disputes. Here are four tips to …
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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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