Al Dahana Announces Dubai Court Decision: Nissan Motor Co and its Middle Eastern subsidiary found Diverting Profits from its Partner for a decade and loses in Court in favour of Al Dahana FZCO in a landmark lawsuit Amounting to approx. AED 1.3 Billion
Oct 14, 2021
DUBAI, United Arab Emirates, Oct. 14, 2021 /PRNewswire/ -- Nissan Motor Co. Ltd. and Nissan Middle East have been charged to pay in excess of AED 1.3 billion (including interest) to the Partner "Al Dahana FZCO" in a landmark ruling in the case filed by the latter. The case, first filed in 4th July, 2019, sought compensation for damages suffered due to breach of contract committed by Nissan, its subsidiary Nissan Middle East and two appointed Directors. The Dubai Court of