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Side agreement with a local partner
Good day!
Need legal advice. Dubai-based LLC company with a local sponsor, in accordance with side agreement local partner receives an annual fee. But the company license was frozen for a long period of time and local partner was informed about it.
In this case, has the local partner a right to request to pay him annual fee even the license was frozen and there was no activity.
Thank you in advance!

United Advocates
11 Oct 2016, 08:23
Hi,
Please confirm how detailed the Side Agreement is.
Also, how did you notify the local partner that the license has been attached/frozen (what was the mode of correspondence of such information)?
Based on the information provided we can then advise the way forward.
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