LA
Litigation and Arbitration
ONTIER SPAIN

Damages and Losses by Contractual Liability



Problem

 

A company based in the British Virgin Islands filed a lawsuit against a Spanish entity, claiming for alleged damages and losses (amounting to €24,000,000) derived from an alleged breach of a letter of intent related to the possible sale of an aircraft.

 



Solution

 

Our strategy for this case combined complex legal-procedural aspects with an exhaustive focus on the evidences related to the particularities of the aircraft market at the time the facts took place.

 



Benefit

 

The claim was rejected at first instance with express allocation of costs. The judgement was upheld by the Provincial High Court, also with the allocation of costs. Currently the case is pending judgement by the Supreme Court.

 

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