أسئلة وأجوبة
Can personal assets be linked to an FZ LLC company case?
Hello!
I hope all is well. Long ago, there was a hotel where we placed our employees for an event. The event got canceled early by the government under a situation not under our control.
We then simply paid for the number of nights we stayed. However, the agreement was for a longer duration. The event cancellation led to a three-year legal case where we had testimonials from the hotel itself, the government, and staff regarding this issue. The case was dismissed, and we won.
However, they reapplied the case a year ago, and since then, we haven't heard anything or received any notification. The judge gave them the right, and now we need to pay them over 100,000 AED.
I'm worried that they can attack my personal assets since everything within the operation was done via an FZ LLC company. The case was dismissed thrice, but on the fourth attempt, it was accepted by the judge.
What do I do now? Do I sell my house, or is my house safe since it's under a mortgage by a bank? Can they attack it?
Dear Questioner,
Thank you for reaching out with your concern! I understand the complexity and stress associated with legal matters, and I'm here to provide you with guidance.
Based on the details you've provided, it appears that the revival of the case has introduced new challenges. In such situations, it's crucial to approach the matter strategically. Here are the initial steps we can take:
- Review of Case Documents:
I would recommend gathering all relevant documents related to the case, including the dismissal records and any new notifications you may have received. This will help me better understand the current status and formulate a comprehensive strategy.
- Consultation and Discussion:
To provide you with personalized advice, I suggest scheduling a consultation at your earliest convenience. During our meeting, we can delve into the specifics of your case, discuss the events leading to the revival, and explore potential legal avenues.
- Asset Protection Assessment:
Regarding your concern about personal assets, such as your house, we can conduct an assessment of your asset protection options. It's essential to understand the legal implications and determine the best course of action to safeguard your personal assets.
- Next Steps and Action Plan:
Based on our consultation and the review of documents, I will outline a clear action plan tailored to your situation. This may involve responding to the revived case, exploring settlement options, or implementing legal strategies to protect your assets.
To proceed, please contact me at your earliest convenience to schedule a consultation. You can reach me via WhatsApp or phone. Additionally, feel free to share any additional details or documents that may be relevant to the case.
I appreciate your trust in seeking legal assistance, and I look forward to assisting you in resolving this matter effectively.
Best Regards,
Suhail Rana
Dear Questioner,
Generally, as per contract law, unforeseen events beyond the control of the parties to the contract including government orders are considered as force majeure.
If you have engaged in a contract with the hotel, please go through the terms of the contract.
For your query regarding the attachment of your personal property, as per laws, the company is a separate legal entity from the persons.
Dealing with the company and the personal assets of the directors cannot be attached unless personally guaranteed to the contract.
