DCC 268/93
Type
Case
Court
Dubai Court of Cassation
Jurisdiction
Dubai, United Arab Emirates
Taxonomy
Companies & Corporate Bodies, Guarantees
Copyright
LexisNexis
Decision date
16 Jan 1994
Catchwords
Attachment Order – Company Purchase – Guarantee – Liability
The original dispute involved an attachment order which was authorised after it was claimed money had been given to the defendants for the purchase of a company which had not happened. The order was lifted after a bank guarantee was given. This case provided details of the conditions required for an attachment order to be granted.
Background