We provided litigation representation of the Client's interests in a dispute related to the construction of a multifunctional center with an area of approximately 47,000 sqm.
The dispute arose because our Client was forced to terminate relations with the general contractor, having terminated a contract worth over EUR 18 million, while the latter initiated several court proceedings, including the recovery of debts for construction works, lost profits and penalties, as well as the invalidation of a loan agreement.
Belarusian company, the developer of a multifunctional center in the city of Minsk
2019
The determining factor, when choosing Verkhovodko & Partners as Velcom's general legal counsel, was dedication of the highly qualified team not only to minimize the legal risks, but primarily to offer comprehensive business-solutions, in which all risks have already been analyzed and thoroughly thought of, and, as the result, being the most efficient solution to the problem in hand. The possibility to receive complete on-line legal advice and willingness to assist on short notice in difficult negotiations on disputable issues — is exactly the level of legal support/assistance, which Verkhovodko & Partners offers. Multijurisdictional experience in advising businesses and proficiency of the law firm's partners assures you that there is always a solution to any problem, and the one which will be the most appropriate and beneficial to your business. These are the core principles on which the cooperation between Velcom and Verkhovodko & Partners is based for many years.
D. Filazafovitch, CFO, Velcom