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The Estate Management and Business Development Company Limited (EMBD) has successfully defended a lawsuit valued at approximately $24 million after the High Court dismissed a claim brought by Mainway Industrial Installation Limited.
In a judgment delivered on October 30th, the court rejected the claim in its entirety and ordered Mainway to pay EMBD’s legal costs.
The matter arose from two contracts worth more than $102 million for works at the La Romaine Residential Development and the construction of a ‘utility corridor’.
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