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On 13 September, 2013 Nordecon AS submitted a claim against Tivoli Arendus OÜ to the court. The subject matter of the claim is inter alia the financial claim in the amount of 174552 EUR and stopping the realisation of the guarantee letter issued to Tivoli Arendus OÜ by Nordecon AS.

As a response to the claim of Nordecon AS, on 30 April, 2014 Tivoli Arendus OÜ submitted to the court a counter claim against Nordecon AS. With the counter claim Tivoli Arendus OÜ is demanding 1319231,90 EUR to be paid by Nordecon AS.

 

Evelin Kanter
Lawyer
Arco Vara AS
Tel: +372 614 4594
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http://www.arcorealestate.com