ARBITRATION ORIGINATED FROM CONTRACT OF EXCHANGE AND REAL ESTATE INCORPORATION

The GUIMARÃES & VIEIRA DE MELLO ADVOGADOS Office represented companies in the field of construction and real estate investments in arbitration held in Belo Horizonte before the local Arbitration Chamber, arising from a real estate exchange and incorporation agreement. The purpose of the arbitration was to request a contractual resolution formulated by the counterparty in the face of the client, by the supervenient and hypothetical impossibility of fulfilling the object of the contract. The Arbitral Tribunal dismissed the resolution and maintained the contract. Amount involved in the litigation: real estate project of PSV equivalent to two billion and three hundred million reais (R $ 2,300,000,000.00)