DIFC 006/2017
MAG Financial Services LLC v Theron Entertainment LLC
Type
Case
Court
Dubai International Financial Centre - Court of Appeal
Jurisdiction
Dubai International Financial Centre
Taxonomy
General Landlord & Tenant, Leases & Tenancy Agreements, Business Tenancies, General Construction Law
Copyright
LexisNexis
Decision date
28 Jan 2018
Hearing/Judgment date
6 December 2017
Panel
Chief Justice Michael Hwang, Justice Sir Richard Field, HE Justice Omar Al Muhairi
Catchwords
Landlord and tenant – Tenancy contract – Construction – Permitted use – Termination clause – Tenant entering into tenancy contract to lease premises from landlord for use as restaurant – Premises not approved for use as bar and restaurant – Landlord delaying in obtaining change of use – Tenant subsequently purporting to terminate contract and seeking damages – Whether tenant entitled to terminate contract – Whether tenant entitled to loss of profits – Whether tenant entitled to wasted costs of carrying out works.