Members looking to file Legal cases

[datum1m]

Dear Members,

Just a note for investors looking to take the legal route, one of our
members as managed to negotiate a legal cost with a well established
Dubai law firm, which has Advocates that can represent you in court.

The fee will be 2% of your claim plus court costs, 1% to be paid up
front and the remaining 1% once you get your money back from the
developer.

This fee is subject to numbers, if insufficient numbers then a greater
fee, so I am looking for people to come forward if this offer is
acceptable.

Regards

Nigel

[Guillaume Hess]

Dear Nigel,

I suppose the 2% fee is for very high amounts.

Did these lawyers give you a fee table? How high can the fees go?

Anyway this is a very good deal! I will talk to our firm's partner to see if we can compete on this figure.

Do you know anyone who invested with IFA Hotels and resorts? I am going to meet them (again) on Sunday for a power play. If anyone has info on them I would greatly appreciate to receive any comments.

I hope all is well.

Best regards,

Guillaume Hess

2009/5/12 datum1m <NigelP...@aol.com>

[NigelP...@aol.com]

Dear Nigel,

I suppose the 2% fee is for very high amounts.

Did these lawyers give you a fee table? How high can the fees go?

Anyway this is a very good deal! I will talk to our firm's partner to see if we can compete on this figure.

No, more to do with volume and duplication 

What I need to collect is a list of names and details of cases to be filed. Many cases will be very similar in what Laws have been violated by the developers. It is this duplication that is in effect bringing the law firms fees down, so volume of cases is important.

 

To get the discount all cases will have to come through our group, we are looking to get a letter from the law firm confirming the 2% fee for our group members. Until I have this letter I cannot disclose the Law firms name, because it could jeopardise our negotiations.

 

Regards

 

Nigel

[rakes...@gmail.com]

Nigel,
While sueing the developers,kindly take individual decisions.Since,even if the cases are same.Developer may not have started construction,when we put our first case and by the time,we try to put the second case developer would have changed his position and it may not be the same judge to give judgement as the first case.

So kindly legal suit should be an individual decision.We as a group can help till investor goes to court and once investor goes to court,we can bring proofs,witnesses and all the help during the case,but WINNING -losing is not the responsibility of the group.

Since the GROUP can advise,NOT ACT on anybodys behalf.

Hope we all agree to this fact.Let us help each other,but do not get into a position of taking responsibility for some decision being taken.

I have been running BUSINESS groups and I am so much use to the BLAME-GAME.Rgds.Rakesh

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---

From: NigelP...@aol.com
Date: Tue, 12 May 2009 03:07:26 EDT
To: <dubai-proper...@googlegroups.com>
Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[NigelP...@aol.com]

In a message dated 12/05/2009 08:17:11 GMT Standard Time, rakes...@gmail.com writes:

Nigel,
While sueing the developers,kindly take individual decisions.Since,even if the cases are same.Developer may not have started construction,when we put our first case and by the time,we try to put the second case developer would have changed his position and it may not be the same judge to give judgement as the first case.

Please note the Law firm is giving group discount based on volume, the cases will be filed on an individual basis, so if 10 members come forward from one project on the same day then 10 cases will be filed with the court, the deal is not on the basis of file 1 of the 10 then wait and see. The deal will only be attractive to members who are serious about taking their developer to court and spending their money to do so, but do not want to pay 7% for the privilege.

So kindly legal suit should be an individual decision.We as a group can help till investor goes to court and once investor goes to court,we can bring proofs,witnesses and all the help during the case,but WINNING -losing is not the responsibility of the group.

We can obviously do all the above, but a group with many members brings buying power and that is what we are trying to obtain through our negotiation with different law firms, many do not want to play ball, but some do. It will be up to the individual members whether the want to use the groups Law firms, because we are talking to more than one.

Since the GROUP can advise,NOT ACT on anybodys behalf.

Hope we all agree to this fact.Let us help each other,but do not get into a position of taking responsibility for some decision being taken.

I have been running BUSINESS groups and I am so much use to the BLAME-GAME.Rgds.Rakesh

The group is hear to help investors in whichever way possible, the more judgements in investors favour the better. It is only the judgements that will prove to everyone around the world that we are entitled to our money back, if there is no money in the escrow accounts to pay us back, then we look at our different options.

 

[Guillaume Hess]

Ok I understand!

I have to say this is the lowest fees I have ever heard of so far and will probably be the lowest ever.

They must be very confident about the cases if they agree on this fee. Very interesting though to see how low they are willing to go.

I hope their low fees will not incur low performance. I have heard of many lawyers taking lump sums with no success fees but never worked on the cases. Ask them to show you cases in which they have won. It will be in Arabic but my partner could translate it for you to check the information.

You may have already done this but ask for as much info as possible on them that you can check on paper. A low figure shouldn't blind you!

I truly hope this works out for the group.

Best regards,

Guillaume

2009/5/12 <NigelP...@aol.com>

[Imran R]

I've heard differing figures be pushed around about court costs..

Does anyone have a guide to how much it will cost in court (less the legal fees)

Imran

[Mo]

7.5% of the claim amount or maximum of AED 30,750 per case filling

 

---

From: dubai-proper...@googlegroups.com [mailto:dubai-proper...@googlegroups.com] On Behalf Of Imran R
Sent: 12 May 2009 12:08
To: dubai-proper...@googlegroups.com
Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

 

I've heard differing figures be pushed around about court costs..

[Imran R]

Many thanks Mo. :)

Nigel, I would be interested in using these services if a good rate can be negotiated.

Imran

2009/5/12 Mo <invest...@gmail.com>

[Deyaar_Park_Investor]

hi guys,


Nigel , Excellent Work !!

2% is waaaaaaaaaaaay below market value ( according to me ), I am
paying 6% + Court related Fee's and I am extremely Happy about my
deal, since I started negociations at 9%.

if you feel you want a Legal way out,,,,I Strongly Advise you work
with Nigel Closely on this,,,,

the time for clapping for developers is over....

Now is the time to Sue them..,


lots of Love...

[fa2...@gmail.com]

All Nigel is trying to do is resolve an issue which all our investors are facing. Lawyers are trying to take undue advantage of the situation and trying to milk us for as much money as they can and even then some or not doing anything after taking the money. Another major issue as already pointed out by some investors is the ridiculous up front fee which most of our investors are finding very difficult to swallow. I have had several discussions with Nigel on this. All he is trying to do is use the quantum of members we have to try to negotiate not only a bulk discount but also we can then exert pressure on them for results. Now a days u have to be extremely careful as people have made a business out of referrals to lawyers and are getting some sort of kickbacks. Its become a very dirty game and we cannot let anybody take advantage of the group for ones vested interests. Hence I've seen that Nigel is contemplating various options. Of course it is not our responsibility whether the firm can win the case or not we are just facilitators who are trying to do whatever we can for the group as a whole. We will be there through out to guide and assist where ever we can.
Regards,
Farah

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---

From: rakes...@gmail.com
Date: Tue, 12 May 2009 07:16:37 +0000

To: <dubai-proper...@googlegroups.com>
Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[Guillaume Hess]

Don't put all the lawyers in the same bag of crooks. Some of us are actually trying to help. Beware of your choice of words.

I have already pointed this out: some get paid and do nothing after. Just be sure that they will not collect 1% here and there and then sleep. This is why I strongly recommend that they prove success in court.

I have been approached to do this "dirty business" but have never accepted. The scary part is that people with good marketing and sales skills are able to sell the virtue of a scum bag lawyer... I've seen it. AS a result we are dealing with angry and suspicious clients...

This is very sad but unfortunately Dubai is based on quick money regardless of how you do it. Real estate is the best example. You sign a piece of paper they call "contracts" and you hope to make big profits without thinking about the risks and reading what you signed.

Anyway don't let a good deal blind you. If it turns out to be in your best interest that is great! Even a very impressive deal! I am like all of you: I am suspicious especially on this extremely low figure. Please bear this in mind

Good day to you all

2009/5/12 <fa2...@gmail.com>

[fa2...@gmail.com]

Rate is 7. 5 percent of the claim value to max of 30, 050 to be exact just paid for two cases.

Regards,
Farah

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---

From: "Mo"
Date: Tue, 12 May 2009 12:15:39 +0400

To: <dubai-proper...@googlegroups.com>
Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[fa2...@gmail.com]

I agree that not all lawyers, some are, I apologize for not adding the word and generalizing.

Regards,
Farah

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---

From: Guillaume Hess
Date: Tue, 12 May 2009 13:08:16 +0400

[steven]

I agree half of what Guillaume Hess said there is question mark for
their low fees which
is really low as it may increase when the case is not big enough.
the rest half which i can't agree is that in this market, no law firm
could prove
their performance as not only lawyer, but also the law, the judger &
the government body are all new, everybody
is learner, i found that in many aspects, investors knows even more
than lawyers.
t/f, every investor needs to have their own assessment on the law firm
& lawyer
& should not only assess on the percentage.

> > ------------------------------
> > *From*: rakeshw...@gmail.com
> > *Date*: Tue, 12 May 2009 07:16:37 +0000
>
> > *To*: <dubai-proper...@googlegroups.com>
> > *Subject*: [Dubai Property Investors] Re: Members looking to file Legal

> > cases
> > Nigel,
> > While sueing the developers,kindly take individual decisions.Since,even if
> > the cases are same.Developer may not have started construction,when we put
> > our first case and by the time,we try to put the second case developer would
> > have changed his position and it may not be the same judge to give judgement
> > as the first case.
>
> > So kindly legal suit should be an individual decision.We as a group can
> > help till investor goes to court and once investor goes to court,we can
> > bring proofs,witnesses and all the help during the case,but WINNING -losing
> > is not the responsibility of the group.
>
> > Since the GROUP can advise,NOT ACT on anybodys behalf.
>
> > Hope we all agree to this fact.Let us help each other,but do not get into a
> > position of taking responsibility for some decision being taken.
>
> > I have been running BUSINESS groups and I am so much use to the
> > BLAME-GAME.Rgds.Rakesh
>
> > Empower your Business with BlackBerry® and Mobile Solutions from Etisalat
>

> > ------------------------------
> > *From*: NigelPKni...@aol.com
> > *Date*: Tue, 12 May 2009 03:07:26 EDT
> > *To*: <dubai-proper...@googlegroups.com>
> > *Subject*: [Dubai Property Investors] Re: Members looking to file Legal

> > cases
> > Dear Nigel,
>
> > I suppose the 2% fee is for very high amounts.
>
> > Did these lawyers give you a fee table? How high can the fees go?
>
> > Anyway this is a very good deal! I will talk to our firm's partner to see
> > if we can compete on this figure.
>
> > No, more to do with volume and duplication
> > What I need to collect is a list of names and details of cases to be filed.
> > Many cases will be very similar in what Laws have been violated by the
> > developers. It is this duplication that is in effect bringing the law firms
> > fees down, so volume of cases is important.
>
> > To get the discount all cases will have to come through our group, we are
> > looking to get a letter from the law firm confirming the 2% fee for our
> > group members. Until I have this letter I cannot disclose the Law firms
> > name, because it could jeopardise our negotiations.
>
> > Regards
>

> > Nigel- Hide quoted text -
>
> - Show quoted text -

[lucky...@yahoo.cn]

Dear Nigel,
2% fee is a very good deal in today's market.
I want to know anybody in our group already succeed in a court case.
As up to now, I only see two case succeed for the investor in Gulf
News.
catherine

[Guillaume Hess]

Hi Steven,

The main point I wanted to draw your attention to is not to go ahead too fast. Since it is the lowest fees ever heard of I think you should be careful. If they can't prove success then they should explain their strategies to you. Since you know a lot on the subject you will be able to quickly assess the firm.

You are absolutely right when you say investors such as some of you in the group know more than us in this mess. I shamelessly admit that I have learned a great deal from this group. I find this situation rather interesting as it changes the lawyer-client relation to a cooperation rather than the usual lawyer knows it all.

Regards,

Guillaume

2009/5/12 steven <steve...@gmail.com>

[kam...@premiersproperty.com]

Is there any judgement by dubai court except for MIZIN, and the one
for 1.7Million which was against a developer in business bay.

It is important to know the atmosphere in the court room which can
only be done by knowing the judgement either they are positive or
negative. Please advise if anyone can help in getting the judgement
released by property court in past quarter. I am sure there should be
atleast 3-5 more judgements as mizin was declared approx 45 days ago.

[Monaim Bastaki]

Nigel / Farah

I am about to sign an agreement with a lawyer for Deyaar Park case, its
costing me about 7.5% of the cost inclusive of the court fees. Should I
proceed or wait for the result of the cancelled projects ?


Thanks

[Ali P]

Nigel,

This is an extremely good deal that has been negotiated.

Would the firm agree to shift the 1% upfront fee into a succession
fee, say 2% or even 3% (a higher percentage since they take on
additional risk) upon receipt of award? They can charge a minimal
administration fee for reviewing member cases if that is why they want
an upfront fee.

This way they will not accept cases they feel do not have a good
chance of winning since they will earn their money when they win the
case.

[dubaiinve...@gmail.com]

Has this law firm won any cases and do you have any refrences about this firm. Please give the name of law firm
.THANKS

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-----Original Message-----
From: Ali P <apir...@gmail.com>

Date: Tue, 12 May 2009 14:40:18
To: Dubai Property Investors<dubai-proper...@googlegroups.com>
Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[Monaim Bastaki]

Folks

Don't forget that if we win a case, the developer will be asked to pay 12%
interest on the amount due ! so this should offset the cost of the lawyer.
This is what my lawyer said.

Thanks

-----Original Message-----
From: Monaim Bastaki [mailto:mon...@yahoo.com]
Sent: Wednesday, May 13, 2009 12:41 AM
To: 'dubai-proper...@googlegroups.com'
Subject: RE: [Dubai Property Investors] Members looking to file Legal cases

Nigel / Farah

I am about to sign an agreement with a lawyer for Deyaar Park case, its
costing me about 7.5% of the cost inclusive of the court fees. Should I
proceed or wait for the result of the cancelled projects ?


Thanks

-----Original Message-----
From: dubai-proper...@googlegroups.com
[mailto:dubai-proper...@googlegroups.com] On Behalf Of datum1m
Sent: Tuesday, May 12, 2009 10:19 AM
To: Dubai Property Investors
Subject: [Dubai Property Investors] Members looking to file Legal cases

[steven]

Dear Nigel & Ali,

I think Ali's suggestion is constructive to the investors, however, it
might be difficult to the law firm,
yes, it is true that if we give condition to law firm to get all their
fees only upon winning the case, they gonna be
much careful in picking the case, but their is another worry from the
law firm, what if investor does not pay upon winning the case ? should
lawyer file another civil case against investor ? i don't mean that
any investor in our group has integrity problem in paying the lawyer
upon winning the case, but this is what i have heard from some law
firms for their bad experience.
however, since we have a huge group, so we have power in bargaining a
best term for our group.
also i would like to suggest that for the rest lawyer fee, we should
only give them fees upon redeeming our money instead of winning the
case, sometimes winning the case does not lead to successful money
redemption , which is the utimate target of investors. steven

[Muhammad Ali]

Dear all

You have to be very careful with lawyers because the interesting part
doesn't come when you give them the case but when you pay the money even if
it is 10,000 dhs then you need to see the follow ups. Up until now I have
found only one lawyer (after having dealt with atleast 5 law firms) who
chases his clients as a broker does for property sale. So for me more than
money it is about customer service.

One more route that I have come across is third party mediators which one I
met accidently yesterday. These guys do not charge anything up front but
upon recovery they are expensive upto 40% in certain cases.

So we have to be careful in making choices and decisions about choosing
lawyers and trust me for a civil case you do not need a lawyer at all in my
opnion. If you have common sense and basic understanding of your case then
you can do all by yourself. Even in my case I draft almost all letters for
my lawyer to present to court etc. I am not a lawyer at all.

Ali

Thanks and best regards

Muhammad Ali


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[Ali P]

This fear of not being paid by the Law Firm can be allayed if we give
the Law Firm a performance/payment bond from a reputable local bank.

These type of bonds are common in the construction industry so there
should be plenty of Banks in the U.A.E. that can issue these type of
bonds.

A performance bond can be issued by a reputable local Bank that binds
it to pay the Law Firm the percentage of fees owed to it after certain
criteria are met. The bond can expire if the member loses the case or
if the Investor is not paid within a certain time period (negotiated
with the Law Firm).

We can define the criteria such as money must be paid to the Investor
after the case win before the Law Firm can receive its fees. The Bank
will release the money directly to the Law Firm if they fulfill the
criteria without the Investor ever being involved removing the risk of
the Law Firm not being paid after the Investor has been paid.

Banks will most likely ask for the full amount they are responsible
for to be kept in their custody if the member has no account/funds
with them.

Or it can be the other way round, we can ask the Law Firm to give us a
performance security/bond from a reputable local bank and members can
give them the 1% upfront. That way they will think carefully about
cases they select as they will be held accountable because the Bank
will have to pay back the member if the criteria we define are not
met.

I am sure out of 800 people in this group there must be several
members who are case studies in all Laws broken in the U.A.E. and
Internationally. In a fair Judicial system they would be awarded and
paid without problems. So the Law Firm must have faith in the
judicial system it is operating in and must expect payment to be
awarded (and paid) it if takes on a member case since it will only be
paid its fees if it satisfies the criteria in the bond.

However with the Laws changing every other day, I can fairly assume
almost all Law Firms (unless a Lawyer here says otherwise) will be
cautious to put faith in the UAE Judiciary system to put their own
resources fully at stake. So maybe we could ask them to remove the
percentage upfront fee but we will probably have to cover their
operational costs even if we have very strong cases from members in
the group.

[NigelP...@aol.com]

Dear Members,

 

We now have the deal in writing from the law firm, so any of our members who wish to take advantage of the discounted fee will have to become fully paid up members of our group, which will cost you 200 AED pa.

The 200 AED is to cover the cost of designing and running the website, their may be additional costs associated with making our group a legal entity and also any advertising required for our group to attract new members to enable us to have more say in whether a project is viable or not.

 

The deal with the Law firm is 2% of the claimed amount of which 30% is payable up front and the remainder, only when you get paid by your developer. e.g. 1,000,000 AED claim = 20,000 AED, of which 30% = 6,000 AED is payable up front. The additional costs are that of filing you case, which is 7.5% of your claimed amount, capped at 400,000 AED, so maximum amount of court fee for any claim over 400,000 AED would be 30,000 AED. The only other cost is document translation into Arabic, which we can get done for approximately 30 AED per A4 page. If you lose your case, then you will not have to pay anymore money to the Law firm, so your total commitment is 30% of the 2%.

 

For the group to be entitled to the above discounted fee, we need to file cases to the value of 30 Million AED, from the information I have received to date, we have collectively paid over to our developers 944 Million, so this is not an unrealistic amount for members that are serious about trying to get the money back through the legal system. I have already had members come forward with claims to the value of 11.5 Million, so if the group can achieve another 18.5 Million we can get the benefit of the 2% fee, once we have reached the 30 Million then all other members will get the benefit of the 2% fee on an onward going basis.

 

I can tell you it is a well established local law firm, but any members wanting to take advantage of the 2% fee will have to sign a confidentiality agreement, so they do not disclose the name of the firm. This is because the firm will have clients that have paid a lot more than 2% for their services and they will still wish to attract individual clients at the open market value for their services within the present market.

 

Regards

 

Nigel    

[Munira Joher]

Dear Nigel,

With or without filing a legal case, I am willing to pay the membership fee for the group, pls send me the a/c details, so I can remit .

 

Regrds

Munira

[Guillaume Hess]

WOW! Excellent deal!

Congratulations for this!!

2009/5/13 <NigelP...@aol.com>

[Saqib]

Nigel has done a great job in getting this rate. I am sure the Law
firm is reputable and established in Dubai and has won real estate
cases.

I think the reason they are offering this rate is because they expect
Volume business from our group. Those of us who are interested in
going to court should inform Nigel about the value of their respective
claims. He will then aggregate the claim amounts to reach the total at
which we can get this attractive rate.

Also, i dont think many reputable law firms in dubai would be
interested in purely success fee basis. However, if there are, lets
work out a deal with them. In any case this is not exclusive and we
can have more than one law firms.

regards / Saqib

[leonar...@gmail.com]

Sounds great. I will join group membership. Kindly forward A/C detials to effect payment.

Regards
Leonard D'Souza

Best Regards,
Leonard D'souza

---

From: NigelP...@aol.com
Date: Wed, 13 May 2009 03:31:46 EDT
To: <dubai-proper...@googlegroups.com>

Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[Kamran Feroz]

Hi All,

Count me on i am ready ,i will list down in details my claims as and when required by the group .

 

Kamran

---

From: Guillaume Hess <guillau...@gmail.com>
To: dubai-proper...@googlegroups.com
Sent: Wednesday, May 13, 2009 1:06:17 AM

Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[fa2...@gmail.com]

Thank You very much for ur support and confidence in what we are trying to do.
Regards,
Farah

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---

From: Munira Joher
Date: Wed, 13 May 2009 11:42:47 +0400
To: <dubai-proper...@googlegroups.com>

Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[Haidar Bagirov]

I Just read your e mail in regards to a good law firm with minimum charges,
can you please guide which law firm is that , any contact details ?



 
> Date: Wed, 13 May 2009 01:52:26 -0700
> Subject: [Dubai Property Investors] Re: Members looking to file Legal cases
> From: saqib...@gmail.com
> To: dubai-proper...@googlegroups.com

[Moiibul Haque]

I am willing to pay the membership fee for the group, pls send me the
a/c details, so I can remit .

[Mawj M]

       I need the A/C details to pay my membership.
please send me .
                      Thaks       Nazar
 

---

To: dubai-proper...@googlegroups.com
Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

From: leonar...@gmail.com
Date: Wed, 13 May 2009 05:16:44 +0000

[zahir safi]

 

Hi,

 

I need the A/C details to pay my membership.
please send me .

Regards

 

Zahir  

 

---

From: khis...@hotmail.com

To: dubai-proper...@googlegroups.com
Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

Date: Wed, 13 May 2009 12:47:45 +0000

</html

[Muhammad Ali]

Dear Ali

I second your idea and think it is great to have some sort of performance
bond thing on either side. However lets see if any lawyer will agree to it
as they are already getting monies from already broken investors. But to be
fair for all sides I wish this can be implemented.

Ali

[Muhammad Ali - NRI]

Haidar

I have tried to contact you many times on phone and email both. Can you please contact me. It can be of much help to you.

Ali

[Imran R]

Excellent News Nigel..

I hope you've got my name on that shortlist.. and also, as some of the group members are outside of the UAE how can we pay the 200AED admin fee?

Finally.. I've noticed a lot of new people posting on the board so this is a gentle reminder to everyone to complete who hasn't done so, email Nigel with your;

Name:
Email Address:
Contact Number:
Project(s) in which you have invested (including developer):
Total amount invested
% of project value invested

Sorry if I'm touching the committees toes by mentioning the above, but I haven't seen in mentioned for a while yet notice quite a few new people posting on the forum.

Imran

[tajmahalr...@gmail.com]

Yes Plz give name of law firm.

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---

From: Haidar Bagirov
Date: Wed, 13 May 2009 14:05:38 +0400
To: INVESTORS Dubai Group<dubai-proper...@googlegroups.com>

Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[M F Khan]

Dear Mr. Nigel,
Thank you very much for your untiring efforts. Please let me know how
to pay 200 AED to become a paid up member of the group. Furqan

On May 13, 11:31 am, NigelPKni...@aol.com wrote:

[fa2...@gmail.com]

Yes I think Imran is right.
Ur information is strictly confidential it is only with Nigel so please fill it out its safe and will not be misused. Our strength is based on numbers so it is imperative that u share this information with us. Also we feel that most of u are not comfortable in providing us with this information please contact us so we can try to put ur apprehensions to rest. Please take time to fill out this info, help us help u.
Regards,
Farah

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---

From: Imran R
Date: Wed, 13 May 2009 18:13:07 +0100
To: <dubai-proper...@googlegroups.com>

Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[dubaiinve...@gmail.com]

GooD News Alert for:

<http://www.business24-7.ae/Articles/2009/5/Pages/145realtycasesresolved.aspx>
Emirates Business 24/7 <http://www.business24-7.ae/Articles/2009/5/Pages/145realtycasesresolved.aspx>
145 realty cases resolved <http://www.business24-7.ae/Articles/2009/5/Pages/145realtycasesresolved.aspx>
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
“From January 1 to May 1, 2009, about 145 cases were decided in the real estate court,” said Chief Judge Mohammed Yousuf Sulaiman, Deputy Director of Dubai ...
<http://news.google.com/news/story?ncl=http://www.business24-7.ae/Articles/2009/5/Pages/145realtycasesresolved.aspx&hl=en> See all stories on this topic

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From: Munira Joher
Date: Wed, 13 May 2009 11:42:47 +0400
To: <dubai-proper...@googlegroups.com>

Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[im...@premiers.ae]

Hi Nigel,

I am ready to join and have cases representing huge sums. Can you please forward me your direct email I'd and mobile number so I can discuss numbers with you. If possible you can arrange meeting with lawyer on Sunday or Monday so we can move it forward.


Dear All, 2 % cost of lawyers with 1% down is extremely reasonable and I suggest every one should these lawyers for their cases.



Regards


Imran Farooq
CEO
Premiers
Tel: 9714-397-9999 Ext 300
Fax: 9714-3973706
im...@premiers.ae
www.premiers.ae

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-----Original Message-----
From: datum1m <NigelP...@aol.com>

Date: Mon, 11 May 2009 23:19:19
To: Dubai Property Investors<dubai-proper...@googlegroups.com>
Subject: [Dubai Property Investors] Members looking to file Legal cases



Dear Members,

[Imran R]

Imran

Nigels email address is nigelp...@aol.com

I don't know his mobile number. But if you forward details of the projects it will help build the database and of course put Nigel in a better position to talk to you.

regards,

Imran

[fa2...@gmail.com]

I personally have just filled a couple of weeks ago and will definitely keep u guys posted of the results but its a great question because I also don't know any one who has won a case here personally.
Regards,
Farah

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-----Original Message-----

From: "lucky...@yahoo.cn" <lucky...@yahoo.cn>

Date: Tue, 12 May 2009 07:22:40

To: Dubai Property Investors<dubai-proper...@googlegroups.com>

Subject: [Dubai Property Investors] Re: Members looking to file Legal cases





Dear Nigel,
2% fee is a very good deal in today's market.
I want to know anybody in our group already succeed in a court case.
As up to now, I only see two case succeed for the investor in Gulf
News.
catherine

[im...@premiers.ae]

Sure.

Thanks

Regards


Imran Farooq
CEO
Premiers
Tel: 9714-397-9999 Ext 300
Fax: 9714-3973706
im...@premiers.ae
www.premiers.ae

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---

From: Imran R
Date: Fri, 15 May 2009 09:37:20 +0100
To: <dubai-proper...@googlegroups.com>
Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[fa2...@gmail.com]

I've emailed him nigel's contact info directly.
Regards,
Farah

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From: Imran R
Date: Fri, 15 May 2009 09:37:20 +0100

To: <dubai-proper...@googlegroups.com>
Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[Djipar M]

Hi all,
I know one person who is not registered here and does not wish to inform anybody a detail of the business. This investor has won case, but has not received still money as its payments have not been placed on the escrow account.
Now he needs to continue to solve this question in police.
Let's look, what will occur further. If this investor really receives money, I will inform necessarily.

[fa2...@gmail.com]

Thanx we need this kind of information firstly to keep motivated and not loose hope and secondly to try to learn how they have been able to pull this off.
Regards,
Farah

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---

From: Djipar M
Date: Fri, 15 May 2009 14:38:07 +0400

To: <dubai-proper...@googlegroups.com>
Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[EsteemProps]

How do we join court action through the lawyers Nigel has negotiated
for the group so well?
Like so many others, we are 40% paid and no progress is evident on the
development even after more than 2 years, so want to do all possible
to recover funds paid.
Please can I be given Nigel and/or Farah's email address to provide
details and determine course of action from here.
Regards
EsteemProps

On May 15, 1:29 pm, fa2...@gmail.com wrote:
> Thanx we need this kind of information firstly to keep motivated and not loose hope and secondly to try to learn how they have been able to pull this off.
> Regards,
> Farah
> Empower your Business with BlackBerry® and Mobile Solutions from Etisalat
>
>
>
> -----Original Message-----
> From: Djipar M <dji...@gmail.com>
>
> Date: Fri, 15 May 2009 14:38:07

> To: <dubai-proper...@googlegroups.com>
> Subject: [Dubai Property Investors] Re: Members looking to file Legal  cases
>
> Hi all,
> I know one person who is not registered here and does not wish to inform
> anybody a detail of the business. This investor has won case, but has not
> received still money as its payments have not been placed on the escrow
> account.
> Now he needs to continue to solve this question in police.
> Let's look, what will occur further. If this investor really receives money,

> I will inform necessarily.- Hide quoted text -

[007]

dear nigel,

pls upodate lawyer detals and terms agreed.

can u suggest a criminal lawyer for property fraud?

 

[fa2...@gmail.com]

My email address is fa2...@gmail.com

Regards,
Farah
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-----Original Message-----

From: EsteemProps <i_tr...@icon.co.za>

Date: Fri, 15 May 2009 05:18:57
To: Dubai Property Investors<dubai-proper...@googlegroups.com>

[fa2...@gmail.com]

We are in the process of getting our group legalized after which we will be able to open an account and ask the people who want to become members to deposit the money in the account. The lawyer deal is a benefit/ value for our members only, just bare with us we are trying to get everything organized as quickly as possible.

Regards,
Farah
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-----Original Message-----

From: EsteemProps <i_tr...@icon.co.za>

Date: Fri, 15 May 2009 05:18:57

To: Dubai Property Investors<dubai-proper...@googlegroups.com>

[im...@premiers.ae]

I am in.

Regards


Imran Farooq
CEO
Premiers
Tel: 9714-397-9999 Ext 300
Fax: 9714-3973706
im...@premiers.ae
www.premiers.ae

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-----Original Message-----

From: fa2...@gmail.com

Date: Fri, 15 May 2009 17:57:09

[Muhammad Ali]

Imran

It is not necessary that you will always win legal cases. Sometimes it is even better to find alternates like gathering investors for cancellations. I have even adopted mediation route outside RERA very recently. Will definitely let you know how it goes once I get results. Anyways incase you want to discuss something my cell no is 050-5583283 and email is a...@alisnri.com

Ali

[Mamali Khan]

Dear Mohammad Ali,

would you please send me the contact no of the lawer , who charge at the end. Because i donot want and honestly i can not afford extra expenses, unless winning the case.

Regards

mamali

---

From: Muhammad Ali <m...@ma1world.com>
To: dubai-property-investors@googlegroups..com
Sent: Wednesday, May 13, 2009 8:27:15 AM

Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

Dear all

You have to be very careful with lawyers because the interesting part
doesn't come when you give them the case but when you pay the money even if
it is 10,000 dhs then you need to see the follow ups. Up until now I have
found only one lawyer (after having dealt with atleast 5 law firms) who
chases his clients as a broker does for property sale. So for me more than
money it is about customer service.

One more route that I have come across is third party mediators which one I
met accidently yesterday. These guys do not charge anything up front but
upon recovery they are expensive upto 40% in certain cases.

So we have to be careful in making choices and decisions about choosing
lawyers and trust me for a civil case you do not need a lawyer at all in my
opnion. If you have common sense and basic understanding of your case then
you can do all by yourself. Even in my case I draft almost all letters for
my lawyer to present to court etc. I am not a lawyer at all.

Ali

Thanks and best regards

Muhammad Ali


T: +971 4 34 35 455
F: +971 4 34 36 551
C: +971 50 55 83 2 83
W: www.ma1world.com




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>>> Subject: [Dubai Property Investors] Members looking to file Legal cases

>>
>>> Dear Members,
>>
>>> Just a note for investors looking to take the legal route, one of our
>>> members as managed to negotiate a legal cost with a well established
>>> Dubai law firm, which has Advocates that can represent you in court.
>>
>>> The fee will be 2% of your claim plus court costs, 1% to be paid up
>>> front and the remaining 1% once you get your money back from the
>>> developer.
>>
>>> This fee is subject to numbers, if insufficient numbers then a greater
>>> fee, so I am looking for people to come forward if this offer is
>>> acceptable.
>>
>>> Regards
>>

>>> Nigel- Hide quoted text -

[Pavan Gupta]

Dear Mr Nigel

 

Re: ACW Holdings

 

Your negotiation with advicate really helpful. All investor should go collectively against ACW Holding.

We appreciate to advise more about ACW holdings projects. As far i know only Five Projects from

ACW Holdinds as per RERA website, Following update as on today (17th May) as per website:

Platinum 2            (location - not mentioned by RERA means nothing started YET)

Platinum 1                                            (location - Jumairah Village)

The Light                                              (location - Al Barshaa South Third)

Hanover Square                                     (location - Jumairah Village)

Knight Bridge Court & Kensngton Manor (location - Jumairah Village)

 

FYI, received emails from ACW that ACW holding changed their office last week and from 12th May,

their office now at Emaar Business Park Floor 1, Building 3 Sheikh Zayed Road.

 

We invested for 4 units by our family in Platinam-2 and paid 10 percent. other may paid 20 pct or more,

and willing to join hands against ACW Holdings.

 

Appreciate little more update to have clear picture about ACW Holdings and especially for Platinum 2.

Kind Regards
Pavan  Gupta
Mob 050-6246878

(Complaint against ACW Holdings)

 

[Kamal Dhanwani]

Hi Nigel and Pravan,

Even I have 1 unit invested with ACW and they are not willing to give
discount or consolidate to a much smaller unit. Secondly whatever
they willing to give they want PDC which I will never give also.

They have just put a fence on the site to say that construction has
started.

I have invested in The Light retail outlet at 2250 per square feet
which the price is less than half now and paid 10% already.

I am willing to take any collective action. They have sent me forfeit
letter also which I have ignored as I want to get more clarity.

KD

[fa2...@gmail.com]

There is someone I know that is collecting investors together for ACW to fill a petition to initiate cancellation will mail u contact info separately.

Regards,
Farah
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-----Original Message-----

From: Kamal Dhanwani <kdha...@gmail.com>

Date: Sun, 17 May 2009 16:08:57
To: <dubai-proper...@googlegroups.com>

Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[Kamal Dhanwani]

Farah,

Thanks for your update and look forward to the contact info.

Thanks,
KD

[Kaya]

Dear Nigel,
I would be interested in this. I am also happy to pay the membership
fee- please let me know how to proceed.
Regards,
Gayatri

On May 13, 11:31 am, NigelPKni...@aol.com wrote:

[dubaisimonb]

Hi - may I please introduce myself. I am an investor in Platinum One
and have so far paid 60% of purchase price, and reading threads like
this, I'm getting a bit nervous! I also know about 25 investors in
various ACW sites, and we are considering forming a group to review
options, maybe consult a lawyer etc. If some form of group legal
action is already under way, I'm sure we would prefer to join it
rather than start something new.
We also have lots of queries such as:
Is it illegal for developers to demand funds in accordance with
contract, if building is not happening at the same rate?
What happened to money placed with developers before Jan 2008 when
escrow accounts came into force?
What should be max fees for registration of property, and when should
this be paid?
Why is Hanover Sq just a hole in ground when it should have been
completed this month (May09)?
How can we get investors management associations to be set up, as in
our contracts?
How can I get contact details for Nigel & Farah? Perhaps they can
introduce themselves?

I'd like to get more involved if possible. I live in London, and I'm
happy to chat via Skype conference call or otherwise.
Best wishes.. Simon

> >>Platinum2            (location - not mentioned by RERA means
> >> nothing started YET)
> >>Platinum1                                            (location -

> >> Jumairah Village)
> >> The Light                                              (location -
> >> Al Barshaa South Third)
> >> Hanover Square                                     (location -
> >> Jumairah Village)
> >> Knight Bridge Court & Kensngton Manor (location - Jumairah Village)
>
> >> FYI, received emails from ACW that ACW holding changed their office
> >> last week and from 12th May,
> >> their office now at Emaar Business Park Floor 1, Building 3 Sheikh
> >> Zayed Road.
>
> >> We invested for 4 units by our family in Platinam-2 and paid 10
> >> percent. other may paid 20 pct or more,
> >> and willing to join hands against ACW Holdings.
>
> >> Appreciate little more update to have clear picture about ACW
> >> Holdings and especially forPlatinum2.
>
> >> Kind Regards
> >> Pavan  Gupta
> >> Mob 050-6246878
>

> >> (Complaint against ACW Holdings)- Hide quoted text -

[fa2...@gmail.com]

Will try to help u. Ill email u directly tomorrow.

Regards,
Farah
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-----Original Message-----

From: dubaisimonb <si...@brutus.co.uk>

Date: Mon, 18 May 2009 05:20:31
To: Dubai Property Investors<dubai-proper...@googlegroups.com>

[Vijay]

we have already sent the letter to Marwan and will meet their Sr. Legal Consultant (Emad) soon, maybe tomorrow, to get their feedback on the subject. I will keep you informed

We may have to have to re-confirm to RERA the number of Investors who wanted the cancellation, so please try to get other Investors that you may know in the  Juniper Way Project.

ALSO NOTE WE HAVE FILED A LEGAL CASE IN DUBAI COURTS TDY THRU EMIRATES ADVOCATE TDY FOR 100% REFUND AS CONSTRUCTION HAS NOT STARTED TILL TDY FOR THIS PROJECT.

 

WE WILL LIKE MORE ACTUAL OWNERS JOINING THIS GROUP ADVISE THANKS

 

 

Vijay Dawra
General Manager Marketing/Finance
Silverstone Holdings
410 Suite 4th Floor
Number One Tower
Sheikh Zayed Road
Dubai

 

Tel 04/3433838
Fax 04/3433805
Cell 050 6355416

 

 

 

 

 

DISCLAIMER: This email may contain confidential and/or privileged
information. If you are not the intended recipient (or have received this
email by mistake), please notify the sender, immediately and destroy this
email. Email transmission security and error-free status cannot be
guaranteed as information could be intercepted, corrupted, destroyed,
delayed, incomplete, or contain viruses. The sender, therefore does not
accept liability for any errors or omissions in the contents of this message
that may arise as a result of email transmission

 

 

[Imran Farooq]

Dear Farah,

Can you please give details of Egyptian legal person whom you are using for
translation etc.

Regards

Imran

-----Original Message-----
From: dubai-proper...@googlegroups.com
[mailto:dubai-proper...@googlegroups.com] On Behalf Of

fa2...@gmail.com
Sent: 15 May 2009 12:41
To: dubai-proper...@googlegroups.com
Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

I personally have just filled a couple of weeks ago and will definitely keep
u guys posted of the results but its a great question because I also don't
know any one who has won a case here personally.
Regards,
Farah

Empower your Business with BlackBerryR and Mobile Solutions from Etisalat

[nhussain]

some people met rera official mr. essa mansouri re ACW HOLDING PROJECT

and conveyed the sentiment of all investors

 

what is important is that we need to sign a petition and submit it immediately

most people will rather forfeit than pay any more money

 

we need clarification - nigel - farah - saqib - ali rakesh

he told the investors that funds which are in escrow from the investors money CAN BE PAID towards the plot dues to master developer - can u pls clarify this point

[NigelP...@aol.com]

he told the investors that funds which are in escrow from the investors money CAN BE PAID towards the plot dues to master developer - can u pls clarify this point

Who told you this Essa? I went to an investor meeting last night where RERA had allowed a further 10% to be taken out of the escrow account to make the next land instalment for a sub-developer. Apparently the land department/RERA said this was protecting the investors interests because the land had a value, but I fail to see how this helps investors. The land is worth nothing now and if the 10% was just another instalment the master developer can still claim back the land when there is no money in escrow to make the next payment.

 

What in effect is happening is the government are allowing master developers to become preferred creditors and they are helping themselves to our money which is stuck in the escrow accounts.

 

We need to look upon sub-developers in a different light they are just a vehicle for the master developers to get their hands on investors money to buy government land. Master developers sold of plots of land to get cash in quick and if the sub-developers didn't have the money, they came up with a simple plan, use your investors money to pay for it.   

 

 

[zalikah]

Watch bbc world in arabic they are discussing the property issues and court cases are 1.4% only out of 85,000 sale

watch it the man is lying through his teeth

---

From: nhussain <jamna...@googlemail.com>
To: dubai-proper...@googlegroups.com
Sent: Tuesday, May 19, 2009 9:14:38 PM

[zalikah]

DISCUSSING DUBAI ISSUES AND SCAMS

---

From: "NigelP...@aol.com" <NigelP...@aol.com>
To: dubai-proper...@googlegroups.com
Sent: Tuesday, May 19, 2009 10:17:56 PM

Subject: [Dubai Property Investors] Re: Members looking to file Legal cases

[zalikah]

DHAHI KHALFAN CLAIMS THAT NOT ONE RUN AWAY DEVELOPER IS SEEKED BY THE POLICE FOR THEY DONT HAVE ANY!
SO WHO EVER RAN AWAY WITH BILLIONS FROM INVESTO'S MONEY IS LIVING HAPPY AND FREEEEEEEEEEEEEE

---

From: zalikah <zalik...@yahoo.com>
To: dubai-proper...@googlegroups.com
Sent: Tuesday, May 19, 2009 10:27:08 PM
Subject: Re: [Dubai Property Investors] DHAHI KHALFAN ON BBC ARABIC

[nhussain]

nigel farah and the other executive committee members can help submit our petition

we can list all the names of the ACW projects

and get signatures

we can circulate the signature list amongst investors

[Muhammad Shafi]

Hi all,

Kindly let me know the names of some advocates Legal firms who charge fee like 2% and I want to discuss my cases with them. I want to pay 0.5% in advance and the balance after the winning of the case. The legal fee of Ali Al Shamsi is more and really, I cannot afford the same. Also I want to know if it is necessary to go to court.

 

Please let me know which legal firm is being hired for criminal case against Omniyat

 

Regards

Muhammad Shafi

+92300 8222150

email: kda...@gmail.com

email: kda...@yahoo.com

[Muhammad Shafi]

Hi all,
Kindly let me know the names of some advocates Legal firms who charge fee like 2% and I want to discuss my cases with them. I want to pay 0.5% in advance and the balance after the winning of the case. The legal fee of Ali Al Shamsi is more and really, I cannot afford the same. Also I want to know if it is necessary to go to court.
 
Please let me know which legal firm is being hired for criminal case against Omniyat
 
Regards
Muhammad Shafi
+92300 8222150
email: kda...@gmail.com
email: kda...@yahoo.com

- Show quoted text -

On Tue, May 19, 2009 at 5:42 PM, Imran Farooq <im...@premiers.ae> wrote:

Hi all,

Kindly let me know the names of some advocates Legal firms who charge fee like 2% and I want to discuss my cases with them. I want to pay 0.5% in advance and the balance after the winning of the case. The legal fee of Ali Al Shamsi is more and really, I cannot afford the same. Also I want to know if it is necessary to go to court.
 
Please let me know which legal firm is being hired for criminal case against Omniyat
 
Regards
Muhammad Shafi
+92300 8222150
email: kda...@gmail.com
email: kda...@yahoo.com

- Show quoted text -

On Tue, May 19, 2009 at 5:42 PM, Imran Farooq <im...@premiers.ae> wrote:

Hi all,

Kindly let me know the names of some advocates Legal firms who charge fee like 2% and I want to discuss my cases with them. I want to pay 0.5% in advance and the balance after the winning of the case. The legal fee of Ali Al Shamsi is more and really, I cannot afford the same. Also I want to know if it is necessary to go to court.
 
Please let me know which legal firm is being hired for criminal case against Omniyat
 
Regards
Muhammad Shafi
+92300 8222150
email: kda...@gmail.com
email: kda...@yahoo.com

- Show quoted text -

On Tue, May 19, 2009 at 5:42 PM, Imran Farooq <im...@premiers.ae> wrote:

 

--~--~---------~--~----~------------~-------~--~----~
You received this message because you are subscribed to the Google
Group "Dubai Property Investors".
Visit this group at
http://groups.google.com/group/dubai-property-investors?hl=en
On the mentioned page you can change your membership status and the number of emails sent to you to fit your needs.
Thanks for your support to protect the rights of investors in Dubai property market!
-~----------~----~----~----~------~----~------~--~---

 

 

--~--~---------~--~----~------------~-------~--~----~
You received this message because you are subscribed to the Google
Group "Dubai Property Investors".
Visit this group at
http://groups.google.com/group/dubai-property-investors?hl=en
On the mentioned page you can change your membership status and the number of emails sent to you to fit your needs.
Thanks for your support to protect the rights of investors in Dubai property market!
-~----------~----~----~----~------~----~------~--~---

On Tue, May 19, 2009 at 5:42 PM, Imran Farooq <im...@premiers.ae> wrote:

--~--~---------~--~----~------------~-------~--~----~
You received this message because you are subscribed to the Google
Group "Dubai Property Investors".
Visit this group at
http://groups.google.com/group/dubai-property-investors?hl=en
On the mentioned page you can change your membership status and the number of emails sent to you to fit your needs.
Thanks for your support to protect the rights of investors in Dubai property market!
-~----------~----~----~----~------~----~------~--~---

[Imran R]

Muhammad Shafi,

 

Nigel and the team are in the process of setting up the formalities of the group. Hold on for a few days and I'm sure all the details will be published.

 

As the saying goes, Watch this space!!

 

Imran

[noora...@gmail.com]

Hi Mr Shafi I think it is useless to hire the legal firm as we know that legal firms are also corrupt and they are minting money on both side.it is better to wait because RERA might take some concrete steps against the small Developers.
Regards, Noor Abrejo
00923212220030-0507480618

Sent from my BlackBerry® smartphone from Warid.

---

From: Muhammad Shafi
Date: Wed, 20 May 2009 16:24:05 +0500

[monir emara]

Dear Noor,   I saw your mail and I would like that you explain to me what do you mean that RERA will take conceret steps against small developer? the reason I am asking I paid 25% to a small developer (name of the company AAA) and until now they did not start the project.   Thanks Monir Emara --- On Wed, 5/20/09, noora...@gmail.com <noora...@gmail.com> wrote:

[noora...@gmail.com]

Have u read Mr Nick's mail in which u can find the awnser.Regards

Sent from my BlackBerry® smartphone from Warid.

---

From: monir emara
Date: Thu, 21 May 2009 01:58:13 -0700 (PDT)

[not be a victim of acw holding]

http://www.business24-7.ae/articles/2008/12/pages/12312008_e460414bf0cd4372bed20f0362e9d90d.aspx

Starting from January 1, 2009, developers and banks have been ordered
to stop taking payments more than 20 per cent of the cost of
properties from buyers or investors until construction begins, a Real
Estate Regulatory Agency (Rera) official has revealed.

"We have sent out letters to 100 developers – as well as having
meetings with them and lending banks and institutions – telling them
to take payments from buyers worth only up to 20 per cent of the
contract value," Essa Saeed Ahmed Al Mansoori, Head of the Trust
Accounts Section at Rera's Real Estate Development Trust Account
Department, told Emirates Business.

"With properties that are already being built, developers who have
collected more than 20 per cent of the contract value from buyers will
immediately have to stop asking for further payments until they
correlate the escrow amounts already collected to construction
progress."

Rera has set up an 11-member Real Estate Development Trust Account
Department that will supervise and monitor the construction process
and ensure the escrow amounts are collected in accordance with the
agreed schedule.

"We have all the figures in our database and are asking developers to
stop collecting money from buyers," said Al Mansoori.

Rera Chief Executive Marwan bin Ghalita said developers could protect
their rights by referring disputes to the Property Court where
contractual agreements would be enforced. "The message we want to send
out to the developers and lending banks is to consider the situation
of the investor before they take action," he said. "In this time of
crisis, everyone should work together and everybody's rights will be
protected."

Meanwhile, Rera has announced that a revision of Law No 8 is being
considered by Dubai Land Department.

"For new sales and purchase agreements the booking amount has been set
at a fixed amount rather than the previous rate of five to 10 per cent
of the contract value," said Al Mansoori . "In January, Rera will set
up a technical audit team. The new system will enable stricter
auditing of the escrow account, the developer and the trustee."

He added that Rera was introducing regulatory procedures covering Law
No 13, which established the Interim Real Estate Register.

A land department spokesman said 100,000 units had already been
registered.

On May 18, 1:20 pm, dubaisimonb <si...@brutus.co.uk> wrote:
> Hi - may I please introduce myself. I am an investor in Platinum One
> and have so far paid 60% of purchase price, and reading threads like
> this, I'm getting a bit nervous! I also know about 25investorsin

> variousACWsites, and we are considering forming a group to review

> options, maybe consult a lawyer etc. If some form of group legal
> action is already under way, I'm sure we would prefer to join it
> rather than start something new.
> We also have lots of queries such as:
> Is it illegal for developers to demand funds in accordance with
> contract, if building is not happening at the same rate?
> What happened to money placed with developers before Jan 2008 when
> escrow accounts came into force?
> What should be max fees for registration of property, and when should
> this be paid?
> Why is Hanover Sq just a hole in ground when it should have been
> completed this month (May09)?

> How can we getinvestorsmanagement associations to be set up, as in

> our contracts?
> How can I get contact details for Nigel & Farah? Perhaps they can
> introduce themselves?
>
> I'd like to get more involved if possible. I live in London, and I'm
> happy to chat via Skype conference call or otherwise.
> Best wishes.. Simon
>
> On May 18, 8:52 am, Kamal Dhanwani <kdhanw...@gmail.com> wrote:
>
>
>
> > Farah,
>
> > Thanks for your update and look forward to the contact info.
>
> > Thanks,
> > KD
> > On 17 May 2009, at 8:51 PM, fa2...@gmail.com wrote:
>
> > > There is someone I know that is collectinginvestorstogether for  

> > >ACWto fill a petition to initiate cancellation will mail u contact  

> > > info separately.
> > > Regards,
> > > Farah
> > > Empower your Business with BlackBerry® and Mobile Solutions from  
> > > Etisalat
>
> > > -----Original Message-----
> > > From: Kamal Dhanwani <kdhanw...@gmail.com>
>
> > > Date: Sun, 17 May 2009 16:08:57
> > > To: <dubai-proper...@googlegroups.com>

> > > Subject: [Dubai PropertyInvestors] Re: Members looking to file  

> > > Legal cases
>
> > > Hi Nigel and Pravan,
>

> > > Even I have 1 unit invested withACWand they are not willing to give

> > > discount or consolidate to a much smaller unit.  Secondly whatever
> > > they willing to give they want PDC which I will never give also.
>
> > > They have just put a fence on the site to say that construction has
> > > started.
>
> > > I have invested in The Light retail outlet at 2250 per square feet
> > > which the price is less than half now and paid 10% already.
>
> > > I am willing to take any collective action.  They have sent me forfeit
> > > letter also which I have ignored as I want to get more clarity.
>
> > > KD
> > > On 17 May 2009, at 1:12 PM, Pavan Gupta wrote:
>
> > >> Dear Mr Nigel
>
> > >> Re:ACWHoldings
>
> > >> Your negotiation with advicate really helpful. All investor should
> > >> go collectively againstACWHolding.

> > >> We appreciate to advise more aboutACWholdings projects. As far i

> > >> know only Five Projects from

> > >>ACWHoldinds as per RERA website, Following update as on today (17th

> > >> May) as per website:
>
> > >>Platinum2            (location - not mentioned by RERA means
> > >> nothing started YET)
> > >>Platinum1                                            (location -
> > >> Jumairah Village)
> > >> The Light                                              (location -
> > >> Al Barshaa South Third)
> > >> Hanover Square                                     (location -
> > >> Jumairah Village)
> > >> Knight Bridge Court & Kensngton Manor (location - Jumairah Village)
>

> > >> FYI, received emails fromACWthatACWholdingchanged their office

> > >> last week and from 12th May,
> > >> their office now at Emaar Business Park Floor 1, Building 3 Sheikh
> > >> Zayed Road.
>
> > >> We invested for 4 units by our family in Platinam-2 and paid 10
> > >> percent. other may paid 20 pct or more,
> > >> and willing to join hands againstACWHoldings.
>
> > >> Appreciate little more update to have clear picture aboutACW
> > >> Holdings and especially forPlatinum2.
>
> > >> Kind Regards
> > >> Pavan  Gupta
> > >> Mob 050-6246878
>

> > >> (Complaint againstACWHoldings)- Hide quoted text -
>
> > - Show quoted text -- Hide quoted text -

[bhagavan]

Hi, I have also purchased a flat in Hanover Square and paid 80% and
also the registration fee they have asked. Reading all these groups,
i am getting extremely worried with mental tension and depressed. Can
you please advise what can be done?

On May 18, 7:59 pm, fa2...@gmail.com wrote:
> Will try to help u. Ill email u directly tomorrow.
> Regards,
> Farah
> Empower your Business with BlackBerry® and Mobile Solutions from Etisalat
>
> -----Original Message-----
> From: dubaisimonb <si...@brutus.co.uk>
>
> Date: Mon, 18 May 2009 05:20:31
> To: Dubai Property Investors<dubai-proper...@googlegroups.com>
> Subject: [Dubai Property Investors] Re: Members looking to file Legal cases
>
> Hi - may I please introduce myself. I am an investor in Platinum One
> and have so far paid 60% of purchase price, and reading threads like
> this, I'm getting a bit nervous! I also know about 25 investors in

> variousACWsites, and we are considering forming a group to review

> > >ACWto fill a petition to initiate cancellation will mail u contact  

> > > info separately.
> > > Regards,
> > > Farah
> > > Empower your Business with BlackBerry® and Mobile Solutions from  
> > > Etisalat
>
> > > -----Original Message-----
> > > From: Kamal Dhanwani <kdhanw...@gmail.com>
>
> > > Date: Sun, 17 May 2009 16:08:57
> > > To: <dubai-proper...@googlegroups.com>
> > > Subject: [Dubai Property Investors] Re: Members looking to file  
> > > Legal cases
>
> > > Hi Nigel and Pravan,
>

> > > Even I have 1 unit invested withACWand they are not willing to give

> > > discount or consolidate to a much smaller unit.  Secondly whatever
> > > they willing to give they want PDC which I will never give also.
>
> > > They have just put a fence on the site to say that construction has
> > > started.
>
> > > I have invested in The Light retail outlet at 2250 per square feet
> > > which the price is less than half now and paid 10% already.
>
> > > I am willing to take any collective action.  They have sent me forfeit
> > > letter also which I have ignored as I want to get more clarity.
>
> > > KD
> > > On 17 May 2009, at 1:12 PM, Pavan Gupta wrote:
>
> > >> Dear Mr Nigel
>
> > >> Re:ACWHoldings
>
> > >> Your negotiation with advicate really helpful. All investor should
> > >> go collectively againstACWHolding.

> > >> We appreciate to advise more aboutACWholdings projects. As far i

> > >> know only Five Projects from

> > >>ACWHoldinds as per RERA website, Following update as on today (17th

> > >> May) as per website:
>
> > >>Platinum2            (location - not mentioned by RERA means
> > >> nothing started YET)
> > >>Platinum1                                            (location -
> > >> Jumairah Village)
> > >> The Light                                              (location -
> > >> Al Barshaa South Third)
> > >> Hanover Square                                     (location -
> > >> Jumairah Village)
> > >> Knight Bridge Court & Kensngton Manor (location - Jumairah Village)
>

> > >> FYI, received emails fromACWthatACWholding changed their office

> > >> last week and from 12th May,
> > >> their office now at Emaar Business Park Floor 1, Building 3 Sheikh
> > >> Zayed Road.
>
> > >> We invested for 4 units by our family in Platinam-2 and paid 10
> > >> percent. other may paid 20 pct or more,
> > >> and willing to join hands againstACWHoldings.
>
> > >> Appreciate little more update to have clear picture aboutACW
> > >> Holdings and especially forPlatinum2.
>
> > >> Kind Regards
> > >> Pavan  Gupta
> > >> Mob 050-6246878
>

> > >> (Complaint againstACWHoldings)- Hide quoted text -

[fa2...@gmail.com]

Dear All,
We are meeting with the second lawyer that we have negotiated with for the group tomorrow at 3.30. kindly let me know if you haven't already contacted me and our interested to attend.
Regards,
Farah
0502501108

Empower your Business with BlackBerry® and Mobile Solutions from Etisalat

-----Original Message-----

From: bhagavan <boyin...@gmail.com>

Date: Tue, 23 Jun 2009 09:10:16

[jawadeh]

Hi Farah,

 

- I've tried to call you on your mobile.

- Please call back on my mobile number 050 6411238

Regards

Jamal Awadeh

--------------------------------------------------
From: <fa2...@gmail.com>
Sent: Tuesday, June 23, 2009 11:04 PM
To: <dubai-proper...@googlegroups.com>
Subject: [Dubai Property Investors] Re: 2nd lawyer meeting

[Ghada Al Pasha]

Farah,

 

We are interested to attend. Please confirm location.

 

Thanks

Mr. & Mrs. Al-Pasha

Purchaser of a Villa in Jumeirah Golf Estate - Leisurecorp.

[varun kalra]

Hi farah,

 

I am very much interested in attending but unfortunately I am not in dubai right now and am comming back only on the 28th. How did the first meeting go. I was also wondering if we were still negotiataing with the lawer for the final deal or the deal that Nigel forwarded in one of him mail around a month back was final.

 

cheers

 

varun

On Tue, Jun 23, 2009 at 11:04 PM, <fa2...@gmail.com> wrote:

[fa2...@gmail.com]

Please call me as the meeting with the lawyers has already taken place. I will have to set one for u individually.

Regards,
Farah
0502501108

Empower your Business with BlackBerry® and Mobile Solutions from Etisalat

---

From: Ghada Al Pasha
Date: Tue, 23 Jun 2009 23:27:03 +0400
To: <dubai-proper...@googlegroups.com>
Subject: [Dubai Property Investors] Re: 2nd lawyer meeting

[fa2...@gmail.com]

Varun call me when u get back. So I can fill u in with all the details.

Regards,
Farah
0502501108

Empower your Business with BlackBerry® and Mobile Solutions from Etisalat

---

From: varun kalra
Date: Wed, 24 Jun 2009 09:32:01 +0400
To: <dubai-proper...@googlegroups.com>
Subject: [Dubai Property Investors] Re: 2nd lawyer meeting

[dxbinvestor]

we have created a new group of acw investors
on google

On 17 May, 16:08, Kamal Dhanwani <kdhanw...@gmail.com> wrote:
> Hi Nigel and Pravan,
>

> Even I have 1 unit invested with ACW and they are not willing to give  

> discount or consolidate to a much smaller unit.  Secondly whatever  
> they willing to give they want PDC which I will never give also.
>
> They have just put a fence on the site to say that construction has  
> started.
>
> I have invested in The Light retail outlet at 2250 per square feet  
> which the price is less than half now and paid 10% already.
>
> I am willing to take any collective action.  They have sent me forfeit  
> letter also which I have ignored as I want to get more clarity.
>
> KD
> On 17 May 2009, at 1:12 PM, Pavan Gupta wrote:
>
>
>
> > Dear Mr Nigel
>
> > Re: ACW Holdings
>
> > Your negotiation with advicate really helpful. All investor should  
> > go collectively against ACW Holding.

> > We appreciate to advise more about ACW holdings projects. As far i  

> > know only Five Projects from

> > ACW Holdinds as per RERA website, Following update as on today (17th  
> > May) as per website:
>
> > Platinum 2            (location - not mentioned by RERA means  
> > nothing started YET)
> > Platinum 1                                            (location -  

> > Jumairah Village)
> > The Light                                              (location -  
> > Al Barshaa South Third)
> > Hanover Square                                     (location -  
> > Jumairah Village)
> > Knight Bridge Court & Kensngton Manor (location - Jumairah Village)
>

> > FYI, received emails from ACW that ACW holding changed their office  

> > last week and from 12th May,
> > their office now at Emaar Business Park Floor 1, Building 3 Sheikh  
> > Zayed Road.
>
> > We invested for 4 units by our family in Platinam-2 and paid 10  
> > percent. other may paid 20 pct or more,
> > and willing to join hands against ACW Holdings.
>

> > Appreciate little more update to have clear picture about ACW  
> > Holdings and especially for Platinum 2.
>

> > Kind Regards
> > Pavan  Gupta
> > Mob 050-6246878
>

> > (Complaint against ACW Holdings)- Hide quoted text -