Gold Coast developer Sunland brought a lawsuit against two men involved in a failed Dubai property deal for the "ulterior purpose" of protecting itself and a senior executive from prosecution by the emirate's authorities, a judge has found.
Victorian Supreme Court judge Clyde Croft this morning ordered Sunland to pay all the costs incurred by the two men, Angus Reed and Matthew Joyce, in successfully defending the case.
Those costs are believed to be likely to exceed $6 million.
Dubai is such nice and beautiful place. In this place people more to invest money for get more benefits in investment and increase income.
ReplyDeleteExperts speculate that the population of Dubai will be doubled in 2010. This will turn Dubai into one of the world's hottest destinations for expatriates and holidaymakers alike and this just bodes so exceptionally well for property investors.
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Sunland has been mauled over Dubai shopping property. Informative post
ReplyDeleteSunland mauled over Dubai property deal. Good post
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