Court hearings ended yesterday in a high-profile case in which one of Dubai's biggest former property executives is claiming about US$3.7 million (Dh13.5m) in severance pay and other benefits from his old employer.
Chris O'Donnell, the former chief executive of the property giant Nakheel, filed the case with the Dubai World Tribunal. Mr O'Donnell, who earned about Dh400,000 a month during a five-year tenure that ended in June, claims he is still due $3m in long-term incentive payments, plus interest and numerous other entitlements.
The hearings yesterday followed another on Monday during which Mr O'Donnell took the stand and was questioned by Nakheel's lawyers. Yesterday's proceedings mainly addressed questions of the tribunal's jurisdiction and the date on which Mr O'Donnell left Nakheel.
Chris O'Donnell, the former chief executive of the property giant Nakheel, filed the case with the Dubai World Tribunal. Mr O'Donnell, who earned about Dh400,000 a month during a five-year tenure that ended in June, claims he is still due $3m in long-term incentive payments, plus interest and numerous other entitlements.
The hearings yesterday followed another on Monday during which Mr O'Donnell took the stand and was questioned by Nakheel's lawyers. Yesterday's proceedings mainly addressed questions of the tribunal's jurisdiction and the date on which Mr O'Donnell left Nakheel.
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