Multimillion claims against a land development company
July 10, 2024
For any further information, please reach out to info@loizideslaw.com.cy or 00357 22 333 113
Loizides & Associates LLC team is pleased to announce that our law firm has been appointed to represent a client in four new multimillion civil claims.
These cases involve a dispute between property owners and a land development company. The dispute centers around a significant land area consisting of 142 plots located in Nicosia. The value of the plots is estimated to Euro 34.000.000.
Our firm is representing the land development company in these matters. The core of the dispute concerns alleged breaches of various agreements, including the subdivision agreement, the jointventure agreement, and the distribution agreement.
The property owners have raised claims that the land development company did not adhere to the terms specified in these agreements. As such, these lawsuits will require a detailed examination of the agreements, the conduct of the parties involved, and the specific allegations made by the property owners.
Our legal team is fully prepared to tackle the complexities of these cases. With our extensive experience in handling similar disputes, we are confident in our ability to effectively represent our client and seek a favorable outcome.
We understand the importance of these agreements in facilitating fair and transparent land development practices. As such, we are committed to ensuring that all aspects of the dispute are thoroughly investigated and appropriately addressed in court.
Our dedication to providing top-tier legal representation remains steadfast, and we appreciate the trust placed in us to handle these important matters.