AVERUS has successfully represented the interest of Northtown Technology Park in a dispute with joint venture partner regarding false performance of the contract and payment of the debt. The client has entered into the joint venture agreement with his partner Assocation of Alytus County Businesses regarding participation in a project which was funded by the EU funds. The Association of Alytus County Businesses has failed under the joint venture agreement and therefore the client has incurred costs which it requested to be compensated. The courts considered that arguments presented by AVERUS are sound and has satisfied the claim.
The case was led by senior associate Eglė Valiulienė.