State of Dewey's Middle East finances revealed as local partners battle over unpaid dues

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  • A tad naughty considering they are partners and will have had a vote on everything throughout the years. Who owes who here, when Dewey HQ was probably led up the garden path and told that Dubai was a great place to set up and that these partners could bring in business? My heart is not bleeding for Grey, Watson and Sioufi. I hope staff get their dues as they were probably led up the same garden path.

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  • Sioufi and Watson were equity partners. Shouldn't that mean that they pay the creditors rather than put in a claim for remuneration for themselves?

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  • owing $41 for flowers and actually having it listed is cringeworthy.

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  • Receivables of £290,415 between 5 partners as at 31 May is a paltry sum even assuming they were able to collect some debt in anticipation of the downfall. Dechert is likely to be wielding the axe before too long.

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  • In a small town like Dubai, where everyone here knows everyone else, having your salary "out there" and public knowledge is quite embarrassing. What a shame that a landmark case in the DIFC isn't about something positive and worthwhile - instead just dirty laundry and more $$.

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  • How many commercial court cases are about something positive & worthwhile? Anyone following the DIFC reports will know that the Dadic claim takes up a good number of reported decisions, and that is an employment dispute

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