Last updated on December 24th, 2019 at 09:37 amUpon drafting a sale and purchase contract for the purchaser of the residential unit in one of its projects, one of the pioneering real estate development companies in Dubai whose legal form is a limed liability company intended to verbally authorize its sale officer to sign a sale and purchase contract under its letterheads including the guaranteed conditions and obligations undertaken by the parties to the contract – both the seller and the purchaser –inter alia the clause which provides for the resort to institutional arbitration in lieu of the normal litigation. … Continue reading The Nullity of the Arbitral Clause and the Arbitration Award For the Lack of Capacity on the Part of the Signatory to the Arbitral Clause→