PwC Legal Estonia has successfully represented the interests of Espak Ehitustood in a construction contracts dispute.
According to PwC Legal, the "dispute related to Fahle Park (the real estate project of 2021) lasted approximately 18 months [and] has just come to an end – as a result of which the contractor Weldon Ehitus paid approximately 90% of the principal debt to the contractor Espak Ehitustood."
"Espak Ehitustood performed various interior works in the business premises of Fahle Park and provided project management services," the firm informed. "Weldon Ehitus [had] initially failed to pay almost half of the total cost of the works, offsetting the claims with claims for liquidated damages that Espak Ehitustood estimated as unfounded. In court proceedings, the parties reached a compromise and a positive solution for the contractor."
PwC Legal’s team included Managing Partner Karin Marosov and Attorneys Jana Tudelep and Ingeri-Helena Kakko.