Dubai mortgage law: much ado about nothing | Baker & McKenzie Habib Al Mulla
In early January 2010, the media was full of headlines about a landmark verdict and Dubai’s first foreclosure, which was supposed to ‘open the floodgates’ for other similar actions. The orders for foreclosure were issued by a Dubai enforcement judge in favour of Barclays Bank plc in its case against various borrowers who had taken …
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