Claim over length of racetrack case gets short shrift in Dubai
A race at the Meydan track in 2013 (Credit: wikicommons)
Dubai’s top court has dismissed a US$950 million claim brought by UAE real estate developer Meydan over a cancelled contract to build a race course – rejecting arguments that a DIAC award was invalid as the case had gone on so long the arbitration clause in the contract had expired.
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