![]() ![]() The trial was the culmination of a 16-year saga between Hexagon and the DIFC Authority and its subsidiary, DIFC Investments (together, the “Defendants”), regarding a failed joint venture to develop land in the Dubai International Financial Centre (the “DIFC”). So ended one of the largest damages claims to reach full trial in the DIFC Courts, with a combined claim value of US $500 million. On 4 August 2022, Justice Robert French, sitting in the DIFC Court of Appeal, dismissed an application by the Claimant, Hexagon Holdings (Cayman) Limited (“Hexagon”), for permission to appeal against the Judgment of Justice Sir Jeremy Cooke dated 2 March 2022, which had dismissed Hexagon’s claims in full. The company was founded in 1984 and is headquartered in Kuala Lumpur, Malaysia.Termination for fundamental breach under DIFC Contract Law – failure to give notice of termination within a reasonable time – whether a reservation of rights extends the time period for termination – affirmation – anticipatory breach – agreements to agree - the importance of cross-examining on all material issues. It operates in Malaysia, the people's Republic of China, Pakistan, and the Philippines. The company is also involved in the development, design, and manufacture of illuminated signs, display, and architectural products for retail and media advertising manufacture and production of fiberglass, polymer composite materials equipment and accessories, metal compression, and wooden products and provision of inspection services for lead frames. ![]() It is engaged in the construction, installation, and maintenance of natural gas and petroleum retailing equipment manufacture of air boat lift supply of industrial engineering plastic materials components, pipelines, and other related specialty materials and provision of design and consultancy services on environmental process equipment for the manufacture of fiberglass and related products. ![]() HEXAGON HOLDINGS BERHAD, an investment holding company, provides engineering products and services to a range of industries. ![]()
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