Wednesday, 13 October 2010

gulfnews : Deyaar drops case against former board member

Deyaar lawyers on Tuesday surprised the Dubai Appeal Court when they dropped a graft case against the company's Emirati ex-board member claiming it incurred no damages.

In an unexpected twist of events, lawyers representing Deyaar in the civil right case handed the Appeal Court's Presiding Judge Mustafa Al Shennawi a written waiver in which they dropped the case against 41-year-old former board member, S.A., after a settlement was reached.

The written waiver confirmed that Deyaar "did not incur any damages or losses."

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