Commercial Dispute - AED 45 Million Settlement
Amount: AED 45,000,000
The arbitration tribunal ruled in our client favor, dismissing 90% of the claimant demands. The final award required our client to pay only AED 2.8 million - a 94% reduction from the original claim. The tribunal also awarded our client AED 500,000 in legal costs. The case was resolved within 8 months, preserving our client business and market reputation.