Sunday 19 October 2025
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wn.com - 4 days ago

Investor must give partner cash back after failing to share car auction profits: Abu Dhabi court

An Abu Dhabi court has dissolved a business partnership between two young men who went into the car auction trade together, after one partner failed to share the profits or return the initial investment, Emarat Al Youm reported. The Commercial Court ordered the defendant to repay the original capital of Dh62,500 to his partner, ruling that he had breached his contractual obligations by buying and selling cars without distributing the agreed-to...


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