In 2020, our consultancy was entrusted with a complex arbitration and contract advisory case involving a vessel purchase and investment agreement. The case revolved around a significant financial dispute, with a claim value reaching AED 35 million, tied to contractual obligations between multiple maritime stakeholders.
Under the leadership of Capt. Saeed Al Suleej Al Falasi, a renowned Commercial Arbitrator and Marine Expert, our team drafted a bespoke vessel chartering and investment contract tailored to the specific nature of the client’s commercial interests and operational realities. This involved navigating intricate legal, technical, and financial dimensions within the UAE maritime sector and international contract law frameworks.
Our comprehensive approach included:
- Legal and technical due diligence on vessel acquisition terms
- Drafting of a customized chartering agreement
- Advisory on dispute mitigation and investment protection clauses
Thanks to Capt. Saeed’s extensive expertise and arbitration experience, the case was successfully closed through a structured settlement that protected the client’s investment and upheld their contractual rights.