19
Fri, Apr
44 New Articles

TGS Baltic Helps La Campana General Trading Obtain Reimbursement from Cryotech Nordic

TGS Baltic Helps La Campana General Trading Obtain Reimbursement from Cryotech Nordic

Estonia
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

TGS Baltic has successfully represented Dubai-based La Campana General Trading in a dispute with Cryotech Nordic AS regarding claims arising from an exclusive distribution agreement. The case was heard by Estonia's Harju County Court.

According to TGS Baltic, the dispute revolved around refund claims for a EUR 80,000 advance paid to Cryotech Nordic AS under the distribution agreement and Cryotech Nordic's claim for payment of EUR 235,000 for an additional order made by La Campana General Trading.

On January 20, 2021, TGS Baltic reported, the court awarded La Campana General Trading approximately EUR 87,000 and dismissed Cryotech Nordic’s counterclaim of EUR 235,000.

TGS Baltic’s team consisted of Associate Partner Chirag Mody and Associate Maris Vutt.

Our Latest Issue