Tivoli Arendus OÜ submitted a claim against Nordecon AS

| Source: Arco Vara

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 174 552 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 1 319 231,90 EUR to be paid by Nordecon AS.


         Evelin Kanter
         Arco Vara AS
         Tel: +372 614 4594