Prelude
India and the United Arab Emirates (‘UAE’) have witnessed dynamic bilateral relations in the recent past. Leadership of both countries have endeavoured to bolster ties of the two economies which has aligned India to achieve its insatiable ambition of emerging as a USD 5 trillion economy.
India, United Arab Emirates, Arbitration & ADR, Insolvency & Restructuring, Litigation, Clyde & Co LLP, Bankruptcy, Arbitration award
In Tiuta International Limited (in liquidation) v De Villiers Surveyors Limited [2017] UKSC 77 the Supreme Court reminded us that the measure of damages is that which is required to restore the claimant as nearly as possible to the position that he would have been in if he had not sustained the wrong.
United Kingdom, Banking, Insolvency & Restructuring, Litigation, Clyde & Co LLP, Liquidation, UK Supreme Court