Monday 3 August 2009

$4.1 bln lawsuit against Emaar denied

Emaar PropertiesImage via Wikipedia

Samsung did not seek legal advice from law firm Al-Tamimi and Co for a claim against Emaar Properties, a lawyer from the company said on Monday, after a report claimed that the South Korean construction firm planned to sue the Dubai-based developer.

"Al-Tamimi and Co can confirm that Samsung have never sought advice for any claim against Emaar relating to the Burj Dubai or otherwise," Lisa Dale, head of Al-Tamimi's real estate and construction practice said in an emailed statement.

"In the case of the Burj Dubai project we understand that the relationship between Emaar and Samsung is excellent," the statement said.

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